A-Rod & Former Walmart CEO To Buy NBA Timberwolves/WNBA Lynx

Alex Rodriguez and former Walmart CEO Marc Lore are working together to buy the NBA Minnesota Timberwolves. The agreement, which also includes the WNBA’s Minnesota Lynx, opens a 30-day window for negotiations to be finalized. If accountants and attorneys for both sides agree, the deal would then need to be approved by the league.

The reported pice tag is $1.5 billion. Under the conditions of the deal, Taylor would keep control of the club for the next two years and bring on Rodriguez and Lore as partners until a handover in 2023. To Read More Click Here

Source: AP News