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Timberwolves Sold for $1.5 Billion: New Era Begins

4/2/2025

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Summary

Story summary

Glen Taylor has officially sold the Minnesota Timberwolves and Lynx to Marc Lore and Alex Rodriguez for a staggering $1.5 billion, putting an end to a protracted ownership saga. With NBA approval pending, Lore and Rodriguez are eager to revitalize the teams, including plans for a new arena, as Taylor's legacy since 1994 comes to a close.

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Story summary

Glen Taylor has officially sold the Minnesota Timberwolves and Lynx to Marc Lore and Alex Rodriguez for a staggering $1.5 billion, putting an end to a protracted ownership saga. With NBA approval pending, Lore and Rodriguez are eager to revitalize the teams, including plans for a new arena, as Taylor's legacy since 1994 comes to a close.