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Alex Rodriguez will be owner of the Minnesota Timberwolves

Alex Rodriguez will be owner of the Minnesota Timberwolves

Minnesota Timberwolves It's the team of the moment NBA. Led by youth Anthony Edwardsthe franchise remembers times Kevin Garnett At the beginning of the millennium, they are in first place Western Conference With a record of 22-7.


In accordance with Article espn Posted by VoinarovskyThe deal is scheduled to take place within the next few hours and will include the entire company WNBA Minnesota Lynx.

Much Rodriguez how knowledge They have until December 31 as a deadline to formalize this process which began in April 2021. At that time the first payment has been made. The second operation was carried out in March of this year, and this accounts for the majority of the procedures.Esoic

The Minnesota Timberwolves will look to continue cementing their place at the top of the NBA

Both will own 80% of the team's shares, becoming majority owners of the franchise. However, the purchase still has to go through company approval NBA.

Glenn Taylor, its current owner will retain the remaining 20%, with the option to sell this percentage to Lore and Rodríguez later. Taylor, a businessman and politician, became the owner Minnesota Timberwolves In 1994, Forbes magazine estimated his wealth at $2.5 billion.

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Minnesota Timberwolves He never won a title NBA Since its establishment in 1989. with Alex Rodriguez Its board members will seek to break this streak.