[Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves

Post #1 » by **Domejandro** » Sat Apr 10, 2021 10:54 pm

Read on Twitter

Post #2 » by **Cactus Jack** » Sat Apr 10, 2021 10:58 pm

Does Lore have any ties to Minnesota? Asking for a friend.

Spoiler:

YamiRain · Post #3 » by **YamiRain** » Sat Apr 10, 2021 10:58 pm

this came out of LEFT field

clyde21 · Post #4 » by **clyde21** » Sat Apr 10, 2021 11:00 pm

Lore and A-Rod really got that much bank? there must be some heavy hitters behind them

forbes values Minny at 1.4b right now as of Feb

https://www.forbes.com/sites/kurtbadenhausen/2021/02/10/nba-team-values-2021-knicks-keep-top-spot-at-5-billion-warriors-bump-lakers-for-second-place/?sh=465489a5645b

it'll probably cost them closer to 2bil if I'm gonna guess

Pinkyring · Post #5 » by **Pinkyring** » Sat Apr 10, 2021 11:01 pm

J lo might stick around now. Wonder what happened to KG, couldn't find the funding?

Homer38 · Post #6 » by **Homer38** » Sat Apr 10, 2021 11:02 pm

clyde21 wrote:Lore and A-Rod really got that much bank? there must be some heavy hitters behind them

A-Rod make at least 450-500 millions just in his baseball career....

Post #7 » by **Domejandro** » Sat Apr 10, 2021 11:02 pm

Cactus Jack wrote:Does Lore have any ties to Minnesota? Asking for a friend.

Glenn Taylor has passed up on billions of dollars to sell the team to people interested in moving the team, there is effectively zero chance that he would sell the Timberwolves without an agreement to keep them in Minnesota.

Mister Ze · Post #8 » by **Mister Ze** » Sat Apr 10, 2021 11:03 pm

YamiRain · Post #9 » by **YamiRain** » Sat Apr 10, 2021 11:05 pm

They aint leaving minnesota lmao

Post #10 » by **Cactus Jack** » Sat Apr 10, 2021 11:05 pm

Domejandro wrote:
Cactus Jack wrote:Does Lore have any ties to Minnesota? Asking for a friend.

Glenn Taylor has passed up on billions of dollars to sell the team to people interested in moving the team, there is effectively zero chance that he would sell the Timberwolves without an agreement to keep them in Minnesota.

Just curious is all... :wink:

Actually...It looks like he has ties to New York?

The_Hater · Post #11 » by **The_Hater** » Sat Apr 10, 2021 11:06 pm

clyde21 wrote:Lore and A-Rod really got that much bank? there must be some heavy hitters behind them

forbes values Minny at 1.4b right now as of Feb

https://www.forbes.com/sites/kurtbadenhausen/2021/02/10/nba-team-values-2021-knicks-keep-top-spot-at-5-billion-warriors-bump-lakers-for-second-place/?sh=465489a5645b

it'll probably cost them closer to 2bil if I'm gonna guess

ARod with help of JLo’s money and other investors already came pretty close to buying the Mets, I think they’re pretty serious and have the money behind them.

I think the Wolves come in under $2B. Smaller, northern market. Utah went for $1.7B last year. That seems reasonable. And maybe Covid has forced the prices down a bit.

clyde21 · Post #12 » by **clyde21** » Sat Apr 10, 2021 11:07 pm

looks like it's a done deal

Read on Twitter

ForeverTFC · Post #13 » by **ForeverTFC** » Sat Apr 10, 2021 11:08 pm

I'm assuming this is welcome news to Wolves fans

Kent · Post #14 » by **Kent** » Sat Apr 10, 2021 11:08 pm

To those who want a team in Seattle so bad...

You do realize you're advocating for the very thing that happened to Seattle in the first place, right?

That is, take a team away from an NBA city.

You would just want the same thing for Minnesota years later.

Instead, just hope when the league expands that Seattle gets a team again.

heatwillbeback · Post #15 » by **heatwillbeback** » Sat Apr 10, 2021 11:09 pm

Definitely strange with ARods knowledge being in baseball, but he is a business man more than anything these days. Baseball would of been more natural, but it’s obvious he wanted in the sports ownership business.

As for money, even Arod needs a money guy. And Lore is a billionaire.

I beg to differ · Post #16 » by **I beg to differ** » Sat Apr 10, 2021 11:10 pm

YamiRain wrote:this came out of LEFT field

Relieving to see losing owner Glen Taylor walk off already.

D1SGRUNTL3D · Post #17 » by **D1SGRUNTL3D** » Sat Apr 10, 2021 11:11 pm

ForeverTFC wrote:I'm assuming this is welcome news to Wolves fans

It is. As much as Glens poured into keeping a team here and whatever...he’s probably 10+ years past his time. But yea..they ain’t moving out of a top 15 market no matter how much we suck. Glens a Minnesota guy too. There’ll be some agreements that the team stays put as much as we want the Sonics back

clyde21 · Post #18 » by **clyde21** » Sat Apr 10, 2021 11:11 pm

heatwillbeback wrote:Definitely strange with ARods knowledge being in baseball, but he is a business man more than anything these days. Baseball would of been more natural, but it’s obvious he wanted in the sports ownership business.

As for money, even Arod needs a money guy. And Lore is a billionaire.

i feel that's gonna end up being the model soon when guys like LeBron start looking for teams...the hella rich face guy (Arod) with the mega rich billionaire whale (Lore) behind him ...

Post #19 » by **Domejandro** » Sat Apr 10, 2021 11:12 pm

Kent wrote:To those who want a team in Seattle so bad...

You do realize you're advocating for the very thing that happened to Seattle in the first place, right?

That is, take a team away from an NBA city.

You would just want the same thing for Minnesota years later.

Instead, just hope when the league expands that Seattle gets a team again.

The key difference is that it would be a massive boon to the emotional health of Minnesotans if this team was moved.

skones · Post #20 » by **skones** » Sat Apr 10, 2021 11:13 pm

clyde21 wrote:Lore and A-Rod really got that much bank? there must be some heavy hitters behind them

forbes values Minny at 1.4b right now as of Feb

https://www.forbes.com/sites/kurtbadenhausen/2021/02/10/nba-team-values-2021-knicks-keep-top-spot-at-5-billion-warriors-bump-lakers-for-second-place/?sh=465489a5645b

it'll probably cost them closer to 2bil if I'm gonna guess

Between ARod and Jlo they've got about 700m+ between the two of them and some estimations have Lore being worth 1b+.

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