Alex Rodriguez Finalizing Deal To Become Next Owner Of Timberwolves

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A handful of former professional athletes, including Kevin Garnett and Arron Afflalo, have been floated as potential names to purchase the Minnesota Timberwolves at one point or another. On Saturday evening, we learned that a retired athlete will indeed make a move to purchase the team, but there’s a twist: it’s not a former basketball player.

According to Jon Krawczynski of The Athletic, former Seattle Mariners, Texas Rangers, and New York Yankees star Alex Rodriguez signed a letter of intent along with Marc Lore, the former president and CEO of Walmart U.S. eCommerce, to purchase the franchise. The news was soon confirmed by Adrian Wojnarowski of ESPN, and eventually, Rodriguez and Lore released a statement laying out how their arrangement with the franchise will work out.

Timberwolves owner Glen Taylor has in the past been rumored as entertaining offers for the team, but none of them ever came to fruition. The particulars of this deal are still unknown, outside of the fact that Rodriguez and Lore will ease into ownership of the franchise. This is not the first time Rodriguez has been in the running to purchase a team — earlier this year, the former AL MVP was in the running to purchase the New York Mets, but his bid was ultimately withdrawn.





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