On the afternoon of this Saturday, April 10, it was announced that the former MLB Alex Rodriguez has bought the shares of the Minnesota Timberwolves, an NBA team. A-Rod has joined billionaire Marc Lore to become one of the new owners of this franchise. The former New York Yankees player has stood out in recent years for his work as an entrepreneur and months ago he went shopping at the New York Mets.
Journalist and MLB specialist Adrian Wojnarowski announced that day via his Twitter account that Alex Rodriguez has joined billionaire Marc Lore to shop at the Minnesota Timberwolves.
Wojnarowski reported that Rodriguez and Lore are about to end negotiations with Glen Taylor, the majority owner of the NBA team, according to ESPN sources. He also mentions that it will be until 2023 that A-Rod and his partner can take over the franchise.
It was also learned that the financial sum for which they will buy the equipment is within a range of $ 1.5 million.
The former New York Yankees third baseman has stood out for his business and work as an entrepreneur after retiring from professional baseball as he even owns several companies, most notably the real estate industry, such as A-Rod Corp.
In recent months Rodriguez was on the verge of becoming the new owner of New York Mets alongside his fiancée, Jennifer Lopez, and a board of other businessmen. However it was his opponent, Steve Cohen, who won the dispute.