
A-Rod’s deal to buy the Minnesota Timberwolves is about to get tested
NY Post
Last month, Alex Rodriguez struck a deal to buy the Minnesota Timberwolves. Now comes the tricky part.
The former Yankees slugger’s $1.5 billion agreement to buy the NBA franchise — signed with his business partner, the e-commerce tycoon Marc Lore — could get a bumpy ride this week as one of team’s minority owners has sued to delay the closing of the deal. A court-ordered suspension at a hearing slated for Monday — seen by some insiders as likely — wouldn’t necessarily kill A-Rod’s bid to finally become a professional sports team owner. The deal is coming to a head less than a year after he lost a bid to buy the New York Mets to hedge-fund billionaire Steve Cohen.More Related News
