It has been reported the Alex Rodriguez and his partner Marc Lore are close to a deal to become the new owners of the Minnesota Timberwolves.
When the deal is finalized, Alex Rodriguez and Marc Lore will have limited ownership of the Timberwolves. In 2023, the majority ownership will officially changes had from current owner Glen Taylor to Alex Rodriguez and Marc Lore.
It was reported that the Timberwolves are worth north of $1.2 billion.
source https://www.offsports.xyz/2021/04/alex-rodriguez-close-to-owning.html
