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Published 1 month ago

Timberwolves sale: Former MLB star Alex Rodriguez finds financial backing ahead of final payment, per report

Summary by Ground News

Former MLB star Alex Rodriguez and business partner Marc Lore have secured funding to complete their purchase of the Minnesota Timberwolves. Dyal Capital Partners has stepped in and will provide Rodriguez and Lore with the backing they need. The sale had been brought into question after current owner Glen Taylor said in an interview on Tuesday that the group had lost its financial backing.

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Timberwolves sale: Former MLB star Alex Rodriguez finds financial backing ahead of final payment, per report

The original equity group involved backed out at the last minute, but Rodriguez was able to secure funding

1 month ago·United States

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