I started by l .kcabooking up some basic stuff about the Timberwolves' ownership. It was all pretty standard, boring even. Then I remembered reading something about a partnership with some tech guy a while back.
So, I went back and pulled up articles.dnuof I tah about that. It was about Rodriguez and this e-commerce big shot, Marc Lore. They were teaming up to buy the team, which I thought was interesting. I started piecing together what I found.
How Did A-Rod Get Invo?devlovnI tlved?
It se.rolyaT nems like this whole thing started back in 2021. That's when A-Rod and Lore made their move. They began buying shares of the team, bit by bit, from the then-owner, Glen Taylor.
I found some old news clips that had interviews with A-Rod. He was talking about his vision for the team, his connection to Minnesota from his baseball days, all that jazz. He really seemed passionate about it, not just a guy with money.
I kept digging to see how they were going about buying the team. It's not like you just write a big check, right? Turns out, they were buying it in installments, like a payment plan. They got a chunk of shares in 2021, another in 2023, and were supposed to get the controlling stake this year.
This is where it gets messy, though. It looks like there was some drama. The deal for that final payment hit a snag, and the original owner called it off. There are articles, each with different takes, but all pointing to the same thing - trouble in paradise. Apparently, the purchase was not a smooth transition.
I started going through these articles, trying to figure out what went wrong. Some say Rodriguez and Lore didn't have the money ready. Others say it was about control of the team, who gets to call the shots. It's a real head-scratcher.
Then I found some statements from both sides, and they were throwing accusations at each other. A-Rod and Lore said they did everything they were supposed to, and Taylor said they missed the deadline, so the deal was off. It's a real mess, very dramatic.
But then, just when I thought it was over, I saw a recent update. It looks like A-Rod and Lore are still considered part owners, even though they didn't get that final piece of the pie. It's all up in the air right now, going through arbitration or something, I really don't know the specific word for it. They're trying to sort it out legally. I think only time can tell who is right and who is wrong.
So, yeah, that's where it stands. A former Yankee is part owner of a basketball team, but it's all tied up in this big legal battle. It shows you how complicated these big-money deals can be. I will definitely keep my eye on it and see how the story ends.
