Alex Rodriguez having issues buying the Timberwolves

Ballerhogger · Post #1 » by **Ballerhogger** » Tue Aug 30, 2022 6:01 pm

Read on Twitter

?s=20&t=M8LJOZBuK69lMgaEIHnc0Q

Fade_awayJ · Post #2 » by **Fade_awayJ** » Tue Aug 30, 2022 6:23 pm

Multi-millionaire trying to play a Billionaire's game..

Frank Dux · Post #3 » by **Frank Dux** » Tue Aug 30, 2022 6:26 pm

Fade_awayJ wrote:Multi-millionaire trying to play a Billionaire's game..

former athlete trying to fit in with the oligarchs.

Homer38 · Post #4 » by **Homer38** » Tue Aug 30, 2022 6:28 pm

He needs to cheat once again to be good at his job.

CometGM · Post #5 » by **CometGM** » Tue Aug 30, 2022 6:34 pm

It's not just ARod buying the Wolves. It's him and Marc Lore.
I'm sure this is just a click-bait and the deal will get done.
Gives the haters on this thread a chance to hate before the deal is completely finalized.
If Arod has to take a smaller percentage of the team, so be it. Marc Lore can make up the rest.

AbeVigodaLive · Post #6 » by **AbeVigodaLive** » Tue Aug 30, 2022 6:41 pm

CometGM wrote:It's not just ARod buying the Wolves. It's him and Marc Lore.
I'm sure this is just a click-bait and the deal will get done.
Gives the haters on this thread a chance to hate before the deal is completely finalized.
If Arod has to take a smaller percentage of the team, so be it. Marc Lore can make up the rest.

That's why they didn't state "Marc Lore having issues buying the Timberwolves."

They were supposed to be 50/50 owners, so Rodriguez turning into a minority owner would be a fairly significant development.

WillyJakkz · Post #7 » by **WillyJakkz** » Tue Aug 30, 2022 6:48 pm

J-Lo in her Alicia Keys voice: "A Woman's Worth"

WargamesX · Post #8 » by **WargamesX** » Tue Aug 30, 2022 7:00 pm

Frank Dux wrote:
Fade_awayJ wrote:Multi-millionaire trying to play a Billionaire's game..

former athlete trying to fit in with the oligarchs.

And we’re just the working class guys commenting on it :nonono:

Shock Defeat · Post #9 » by **Shock Defeat** » Tue Aug 30, 2022 7:02 pm

Not surprising. A-Rod and JLo were a power couple. A-rod by himself is no nearly as powerful.

jokeboy86 · Post #10 » by **jokeboy86** » Tue Aug 30, 2022 7:27 pm

This is why if you're Lebron do you really want to put your money into owning a majority(which is probably what he'll want) in a major sports franchise? Of course he has more money than A-Rod but to put in at minimum 200 million liquid is a lot of dough plus these team valuations are probably only going to increase over time

Post #11 » by **dockingsched** » Tue Aug 30, 2022 7:46 pm

CometGM wrote:It's not just ARod buying the Wolves. It's him and Marc Lore.
I'm sure this is just a click-bait and the deal will get done.
Gives the haters on this thread a chance to hate before the deal is completely finalized.
If Arod has to take a smaller percentage of the team, so be it. Marc Lore can make up the rest.

Article literally says it’s Arod that is the struggling to come up with funds, not Lore. Lore already covered for ARod in July and if it keeps occurring instead of a 50/50 split it may end up being that Arod is a minority stake holder under Lore.

It’s completely accurate to say Arod is struggling to buy the Wolves.

druggas · Post #12 » by **druggas** » Tue Aug 30, 2022 8:16 pm

CometGM wrote:It's not just ARod buying the Wolves. It's him and Marc Lore.
I'm sure this is just a click-bait and the deal will get done.
Gives the haters on this thread a chance to hate before the deal is completely finalized.
If Arod has to take a smaller percentage of the team, so be it. Marc Lore can make up the rest.

Exactly who are the "haters" you speak of?

Dick Tate · Post #13 » by **Dick Tate** » Tue Aug 30, 2022 8:32 pm

From A-Roid to A-Fraud...

Pointgod · Post #14 » by **Pointgod** » Tue Aug 30, 2022 9:51 pm

No Pay Rod

ropjhk · Post #15 » by **ropjhk** » Tue Aug 30, 2022 10:05 pm

I guess this is not surprising. The whole global economic landscape has vastly changed since the beginning of this year. I wonder what this will mean for team valuations.

Quentin · Post #16 » by **Quentin** » Wed Aug 31, 2022 1:06 am

He probably lost a ton in the market this year.

Post #17 » by **The Rebel** » Wed Aug 31, 2022 1:26 am

jokeboy86 wrote:This is why if you're Lebron do you really want to put your money into owning a majority(which is probably what he'll want) in a major sports franchise? Of course he has more money than A-Rod but to put in at minimum 200 million liquid is a lot of dough plus these team valuations are probably only going to increase over time

With the revenue sharing and changed BRI split in the 2011 CBA it is damn near impossible to lose money on an NBA team. Which is a big reason the valuations have shot up the last decade, I doubt that changes any time soon, and there are not many other investments you can make that you can say that.

Bobbymcgee · Post #18 » by **Bobbymcgee** » Wed Aug 31, 2022 3:28 am

LeBron got next.

azcatz11 · Post #19 » by **azcatz11** » Wed Aug 31, 2022 3:35 am

Shock Defeat wrote:Not surprising. A-Rod and JLo were a power couple. A-rod by himself is no nearly as powerful.

It’s true. J Lo is worth more than Arod and Ben Affleck combined. She also brings status more than arod can imagine

Tor_Raps · Post #20 » by **Tor_Raps** » Wed Aug 31, 2022 3:35 am

Sounds like he's 2nd guessing the Gobert trade lol.