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  3. Mar 28, 2024 · The ownership transfer of the Minnesota Timberwolves has slammed to a halt. Glen Taylor declared he won’t take the final step of his drawn-out $1.5 billion deal to hand Marc Lore and Alex Rodriguez the majority stake because they didn’t meet all of the deadlines in the sale conditions.

  4. Jul 21, 2021 · Associated Press. July 21, 2021 7:41 PM. MINNEAPOLIS (AP) — The first increment of the $1.5 billion sale of the Minnesota Timberwolves to e-commerce mogul Marc Lore and retired baseball...

  5. Mar 28, 2023 · Major League Baseball legend Alex Rodriguez and billionaire businessman Marc Lore completed a new $290 million payment towards their purchase of the Minnesota Timberwolves on Tuesday, according...

    • Jack Maloney
  6. Jul 21, 2021 · After four months of negotiating, vetting and talking, the NBA Board of Governors finally voted to approve Marc Lore and Alex Rodriguez joining the Minnesota Timberwolves and Lynx...

  7. The team was founded in 1989. Its majority owner is Glen Taylor, who also owns the WNBA's Minnesota Lynx. The Timberwolves play their home games at Target Center, their home since 1990.

  8. Apr 24, 2024 · The Minnesota Timberwolves ownership dispute is moving into mediation. The first session toward determining whether Glen Taylor will remain controlling owner or cede to Marc Lore and Alex Rodriguez has been scheduled for May 1, according to a person with knowledge of the situation.

  9. en.wikipedia.org › wiki › Glen_TaylorGlen Taylor - Wikipedia

    Taylor is the majority owner of the Minnesota Timberwolves of the National Basketball Association and the owner of the Minnesota Lynx of the Women's National Basketball Association. He is also part owner of Minnesota United FC of Major League Soccer.

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