While the drama continues in the Timberwolves ownership saga, at least one thing has come from it: Alex Rodriguez allegedly wants to keep the team in Minnesota.
A-Rod responded to a fan on Instagram about the Timberwolves staying put and although it's just a comment, it could hint towards something:
In a comment on his most recent Instagram post, Alex Rodriguez makes his first public statement that he will keep the Minnesota Timberwolves in Minnesota. pic.twitter.com/XLR5mbYwSw
— Dane Moore (@DaneMooreNBA) June 15, 2021
Reports surfaced earlier this month that Rodriguez was interested in moving the franchise to Seattle, where he played for seven seasons in his big league career.
However, part-owner Meyer Orbach is having his problems being bought out, with Glen Taylor refusing to do so, per the Athletic.
Taylor’s attorneys filed their response to the move from Orbach, a limited partner with the franchise since 2016 who is pushing to get his 17 percent of the Timberwolves bought out immediately now that Taylor has agreed to an ownership succession plan that would have Marc Lore and Alex Rodriguez assume control of the Wolves and Lynx over the next two years. Taylor says Orbach has no right to be paid now because Lore and Rodriguez are only coming in at 20 percent in the early going and will have to go through at least two league approvals and meet two financial deadlines before they take over the teams.
The lawsuit has done nothing to deter the plans Taylor, Lore and Rodriguez have going forward. The NBA is expected to approve the first step — Lore and Rodriguez joining up as limited partners of the Timberwolves to the tune of some $250 million — this summer, likely in July. But it has thrust a process, and an agreement, that often is shrouded in secrecy out into the open for everyone to see.
We're close to the league approving Rodriguez and Lore's purchase of the Timberwolves and it's good to know the former MLB star won't move the team because that would absolutely kill the fans. There are still hoops to jump through, but it looks like Alex Rodriguez will officially be a part-owner of an NBA team very soon.
Follow Us
Subscribe