Alex Rodriguez turns to new financial backer to help complete Timberwolves purchase
Alex Rodriguez and Marc Lore are in the clear to officially become the new majority owners of the Minnesota Timberwolves. Shams Charania of The Athletic reported Wednesday that retired MLB legend Rodriguez and his business partner Lore have submitted financial documentation to the NBA to complete their acquisition of a majority stake in the Timberwolves – as well as of the WNBA’s Minnesota Lynx. Rodriguez and Lore were facing a deadline of March 27 to make their final payment to close the sale. With one week remaining before that deadline, they have now reportedly gotten the financial backing necessary from...
Read more at Yardbarker