World news – Breaking: Alex Rodriguez becomes the owner of the NBA franchise

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Last year, former baseball star Alex Rodriguez tried to become the new owner of the New York Mets. Instead, he’s now entering the NBA world.

According to Athletic’s Jon Krawczynski, A-Rod is in negotiations to become the next owner of the Minnesota Timberwolves.

« Three-time MLB MVP Alex Rodriguez and his close Friends Marc Lore have signed a letter of intent and are negotiating with Glen Taylor to become the next owner of the Minnesota Timberwolves, « Krawczynski said on Twitter. “A-Rod and Lore have an exclusive 30-day negotiation window with Taylor. If a deal is made, they would act as limited partners for two and a half years before taking control of the Wolves. “

When this is done, Glen Taylor would reinstate the full majority for the next two years. Rodriguez and his business partner Marc Lore would then take full control in 2023.

A-Rod and Lore have an exclusive 30-day negotiation window with Taylor. If a deal is made, they’d act as limited partners for two and a half years before taking control of the Wolves, the sources told @TheAthleticMIN

Alex Rodriguez wasn’t the only sports star trying to become the Minnesota’s new owner To become Timberwolves.

Former NBA star Kevin Garnett, considered the greatest player in Timberwolves history, tried to become part of the franchise but failed.

Rodriguez has some experience in this department. He tried to get a stake in the New York Mets last year. His offer failed and Steve Cohen was placed to win the bidding war.

Baseball is obviously Rodriguez’s expertise, but since he currently has no MLB ownership opportunities, he will try the NBA. When he’s done, he’ll become a partner this year and then full owner of the Timberwolves in 2023
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