A-Rod in Partnership to Buy NBA's Minnesota T-Wolves for $1.5 Bil

 After striking out in his pursuit of the New York Mets, former Yankees slugger Alex Rodriguez appears safe at home with the NBA's Minnesota Timberwolves

Rodriguez and billionare business partner Marc Lore are closing in on a deal to buy the T-Wolves and the WNBA's Minnesota Lynx for $1.5 billion. According to ESPN, when the deal is finalized, A-Rod and Lore won't take over until 2023. 


Lore, who is a New Jersey native, was the former CEO and President of Walmart. 

It will be fascinating to see how A-Rod will be as an owner, and what kind of influence his on-again, off-again, on-again fiance, Jennifer Lopez will have. When they were bidding for the Mets, it was assumed that J-Lo would have had a lot of say on the ownership side of things, while A-Rod would have had say in the baseball office. The NBA would be a different kettle of fish for A-Rod. 

Also would A-Rod/J-Lo be looked upon as minority owners to Lore, whose billions surely played a very large role in locking up this deal? Or are they equal partners? 

ESPN also wonders what the long term viability will be for the T-Wolves in Minnesota. Outside of the Kevin Garnett days in the late 90s/early 00's the T-Wolves have struggled. This year the T-Wolves are one of the worst teams in the NBA. 

ESPN poses the question that the franchise could be a candidate to move to Seattle and become the new SuperSonics due to A-Rod's connection to the area. We shall see. 

Regardless, A-Rod just doesn't want to let go of the ownership dream, and now it appears he's finally going to lock it up.

Comments