Published 1 month ago

Alex Rodriguez, Marc Lore submit financial documents to buy Timberwolves and Lynx, report says

Summary by Ground News

Marc Lore and Alex Rodriguez submitted financial paperwork to the NBA. Dyal Capital Partners joined the investor group to complete the majority purchase. The new ownership structure still needs to be approved by the NBA's Board of Governors. The duo had until March 27 to submit the papers.

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Star Tribune

Blue Owl helps Alex Rodriguez, Marc Lore secure ownership of Minnesota Timberwolves, Lynx

A Washington, D.C.-based investment firm, decided not to move forward in a deal that would have provided structural financing to Marc Lore and Alex Rodriguez to buy the teams from Glen Taylor.

1 month ago·Minneapolis, United States

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Pioneer Press

Alex Rodriguez, Marc Lore submit financial documents to buy Timberwolves and Lynx, report says

Prospective owners Marc Lore and Alex Rodriguez submitted signed financial paperwork to the NBA to acquire majority ownership of the Timberwolves and Lynx, The Athletic reported Wednesday. That step comes as Dyal Capital Partners joined the investor group, according to The Athletic, which gave Rodriguez and Lore the necessary capital to complete the majority purchase. Lore and Rodriguez own 40 percent of the organization and are now apparently s…

1 month ago·St Paul, United States

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Overtime Heroics

Marc Lore and Alex Rodriguez finalize $1.5B Minnesota Timberwolves acquisition

Marc Lore and Alex Rodriguez have submitted financial documentation to the NBA to acquire majority control of the Minnesota Timberwolves and Lynx from Glen Taylor. NBA

1 month ago

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Alex Rodriguez, Marc Lore submit financial documents to buy Timberwolves and Lynx, report says

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Blue Owl helps Alex Rodriguez, Marc Lore secure ownership of Minnesota Timberwolves, Lynx

Blue Owl helps Alex Rodriguez, Marc Lore secure ownership of Minnesota Timberwolves, Lynx

Alex Rodriguez, Marc Lore submit financial documents to buy Timberwolves and Lynx, report says

Alex Rodriguez, Marc Lore submit financial documents to buy Timberwolves and Lynx, report says

Marc Lore and Alex Rodriguez finalize $1.5B Minnesota Timberwolves acquisition

Marc Lore and Alex Rodriguez finalize $1.5B Minnesota Timberwolves acquisition

Coverage Details

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Ownership

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