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Nuotr.: © FS / MPI / Capital Pictures-Scanpix
Nuotr. © FS / MPI / Capital Pictures-Scanpix
The Minnesota Timberwolves will have new owners.
Fines are being issued this season
ESPN’s Adrian Wojnarowski announces that the club will be acquired by former baseball player Alex Rodriguez and billionaire Marc Lore. The transaction is said to be worth around $ 1.5 billion. AMERICAN DOLLAR.
The deal also includes the rights to Lynx, the Minnesota WNBA. The agreement will take effect in 2023, so current owner Glen Taylor will run both clubs for another two years.
Taylor has been looking for a potential club buyer since July of last year. It acquired Timberwolves in 1994, when it placed $ 88 million. dollars and thus saved basketball in Minnesota as the NBA planned to move the team to New Orleans.
Under Taylor, the Timberwolves barely made it through the first round of the playoffs, and the Minnesota team was not in the top 16 in 16 of the past 17 seasons.
At that time, Lynx became a WNBA champion four times in the last 10 years.
Taylor previously said he would only sell the team to someone who had no plans to relocate the Timberwolves to another city.
However, according to Wojnarowski, Rodriguez’s ties to the city of Seattle may have long-term problems fulfilling that promise.
Rodríguez himself is from New York, but began his professional baseball career at the Seattle Mariners Club, where he spent six years.
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