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In Bold Departure From New York Loyalty, Millionaire Alex Rodriguez Supports Victory of $1.6 Billion NBA Team

Published 10/16/2023, 8:00 AM EDT

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USA Today via Reuters

The baseball player turned businessman Alex Rodriguez is not on to be undermined. In more than one way, A-Rod impresses the world of sports. Apart from his involvement with Fox News, he has brand endorsements and philanthropic initiatives. But what stands out is his ownership of a leading NBA team worth $1.6 Billion. 

Though he has his roots as a New York Yankee, this former shortstop is branching toward the world of the NBA. Letting go of his New York loyalty, he laid the NBA- foundation in 2021. That’s when business partner Marc Lore and Rodriguez himself struck a deal to purchase the team from long-time owner Glen Taylor at $1.5 Billion(then). Quite a lucrative affair indeed. 

Alex Rodriguez And His Love For Basketball

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As of the 2023-2024 NBA preseason, the Minnesota Timberwolves have proved to be quite majestic. An example would be their latest match against the New York Knicks. The 48-year-old as the owner of his team, the Timberwolves celebrated its preseason preparation victory. Addressing the impressive 121-112 win, the 3X MLP posted a story of him at the Post Oak Hotel in Uptown Houston. His celebration for Minnesota is greater than his ties with his native New York. The story included a picture of a lavish pool while he watched the match on his iPad. 

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He articulated his excitement by posting more stories following that. One was a picture of him posing with MLB Network and FOX Sports host and commentator Matt Vasgersian. The other was an image of his luxurious hotel room in Houston from where he was watching the match. He dedicated that story to the Timberwolves vs. Knicks game, captioned, “Sunday Football🏈👏”. 

In a well-rounded victory for Minnesota, it is impossible to ignore the commendable trio that led the team to the win. Shake Milton, Kyle Anderson, and Naz Reid combined for 40 points and 15 assists while playing off the bench for the Wolves. Though the New York-born owner did not watch the match live at Madison Square Garden, he celebrated the win. 

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A-Rod’s Involvement WNBA Is No Less Than That In NBA

Being a not-so-subtle basketball lover his investment in NBA and WNBA have yielded him well. Though his WNBA team Minnesota Lynx could not fare as well as it could have, Alex stood by them. After the Cincinnati Suns washed them away in late September this year, their part-owner shared words of encouragement honoring them. 

Minnesota Timberwolves Owner Alex Rodriguez Gets Ready for Redemption With Latest Highlight Showcasing Top Preparation Amidst Upcoming NBA Season

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Following the last game of the 3-game series where the Suns won 90-75, the 2009 Word Series champion earnestly articulated on Twitter. His words were, “Incredibly proud of the @minnesotalynx, the athletes, coaches, and the organization for a hard fought season that showed strength, dedication, and passion. It was so fun to watch and I can’t wait for next season.” With that one knows how passionate Rodriguez is about baseball and basketball equally. 

Watch This Story: Anthony Edwards – FIBA Sensation and Jack of All Trades! Alex Rodriguez Confidently Roasts the 22-Year-Old American Phenom

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Written by:

Kanishka Prakash

813Articles

One take at a time

Kanishka Prakash is an MLB writer at EssentiallySports. She comes from an engineering college background and possesses prior experience in the business sector. Her affection for sports burgeoned during her adolescence, with MLB particularly captivating her attention.
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Edited by:

Ananya Giri