Lore and Rodriguez Slam Dunk Ownership Control of Timberwolves and Lynx || Short News

Lore and Rodriguez Slam Dunk Ownership Control of Timberwolves and Lynx

Former Walmart executive Marc Lore and baseball legend Alex Rodriguez are poised to exercise their option to acquire a controlling ownership interest in the NBA's Minnesota Timberwolves and the WNBA's Lynx. With a Dec. 31 deadline looming, the duo plans to formalize the acquisition of the final 40% from current owner Glen Taylor, bringing their total ownership to 80%. While they still need to secure funding and gain NBA Board of Governors approval, the move marks the closing of a process initiated in April 2021. The Timberwolves' historic 22-7 season adds a significant chapter to Lore and Rodriguez's ownership journey.

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