Babaamaajimowinan (Telling of news in different places)

Michael Bloomberg joins with Timberwolves minority owners Marc Lore and Alex Rodriguez

The ownership battle for the Timberwolves between majority shareholder Glen Taylor and minority shareholders Marc Lore and Alex Rodriguez is adding some financial heft.

Michael Bloomberg has agreed to join the ownership group of Lore and Rodriguez, sources confirmed to the Star Tribune. The former mayor of New York City is the 10th-richest man in America and has a net worth of $96.3 billion, according to Forbes.

The contentious and public battle over who owns the Timberwolves and Lynx is scheduled to be determined soon at an undisclosed office in Minneapolis with Taylor, Lore and Rodriguez taking part in forced arbitration.

https://www.startribune.com/michael-bloomberg-joins-alex-rodriguez-marc-lore-in-timberwolves-ownership-battle-with-glen-taylor/600371594/

 

Reader Comments(0)

 
 
Rendered 06/21/2024 01:50