Sources: A-Rod, Lore nearing deal to buy Wolves

News

Former major league slugger Alex Rodriguez and billionaire Marc Lore are finalizing a deal to purchase the Minnesota Timberwolves from majority owner Glen Taylor, sources told ESPN’s Adrian Wojnarowski on Saturday.

Taylor will continue to hold full control of the team for two years before Rodriguez and Lore take over in 2023.

Rodriguez and Lore issued a joint official statement on the deal that read: “We look forward to entering this phase of the process with Glen Taylor. Our respect for him and the legacy he has built lays an amazing foundation for what is to come. We are excited by the prospect of getting to know the Timberwolves organization.”

Articles You May Like

The Whiteboard: 3 NBA trade ideas worth arguing about
Anthony Davis injury sounds the alarms for Lakers with tough look-ahead
Sources: Mavs to sign Kemba to boost backcourt
Luka after Bucks roll Mavs: Giannis ‘best in NBA’
Kawhi, PG to remain out Sunday due to injuries

Leave a Reply

Your email address will not be published. Required fields are marked *