NEW YORK – Retired Major League Baseball star Alex Rodriguez and businessman Marc Lore have reached a deal to buy the NBA’s Minnesota Timberwolves, the team announced Friday.
The agreement, which must be approved by the NBA board of governors, also includes the purchase of the Women’s NBA’s Minnesota Lynx.
“Glen Taylor has reached an agreement with Marc Lore and Alex Rodriguez regarding the sale and future ownership of the Timberwolves and Lynx,” the T-Wolves said in a statement.
“The transaction will close following league approval, beginning the transition of ownership and a new chapter of Minnesota Timberwolves and Lynx basketba…
Keep on reading: A-Rod group completes deal to purchase NBA T-Wolves