A-Rod, Marc Lore Exercise First Option to Buy Rest of Timberwolves
Alex Rodriguez and Marc Lore have exercised the first of three call options to purchase the rest of the Minnesota Timberwolves, according to someone familiar with the…
Minnesota Timberwolves
A-Rod to Benefit From Court Ruling in Quest to Buy Timberwolves
In a ruling that will help Purple Buyer Holdings, LLC—led by Alex Rodriguez and technology entrepreneur Marc Lore—join the ownership of the Minnesota Timberwolves and…
A-Rod’s Timberwolves Deal Spawns Lawsuit Alleging Team Could Move
The pending sale of the Minnesota Timberwolves and the Minnesota Lynx to baseball legend Alex Rodriguez and technology entrepreneur Marc Lore hit a major roadblock on…
A-Rod Group Reaches Deal on Timberwolves Purchase for $1.5 Billion
A group headed by former baseball star Alex Rodriguez has come to terms on its purchase of the NBA’s Minnesota Timberwolves and the WNBA’s Lynx a month after signing a…
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Browns Owner Jimmy Haslam Exploring Purchase of NBA’s Timberwolves
Cleveland Browns owner Jimmy Haslam is exploring a bid for the Minnesota Timberwolves, according to two people with direct knowledge of the situation. Sportico reported…
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Minnesota Timberwolves Retain Raine to Explore Sale of NBA Franchise
The Minnesota Timberwolves are for sale. Billionaire owner Glen Taylor has retained The Raine Group to sell the franchise he’s owned since 1994. There are several…
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