Former Major League Baseball superstar Alex Rodriguez and billionaire Marc Lore have signed an exclusive negotiating agreement regarding the purchase of the Minnesota Timberwolves. While the names are flashy and exciting, would a potential ownership group led by the New York City-based Rodriguez-Lore be a good thing, or should Wolves fans have a concern about their franchise’s future?
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Rodriguez’s seven years as a Mariner, there are no additional obvious ties to Seattle for either Rodriguez or Lore. Both are from New York City, as is Rodriguez’s fiance, actress, and singer Jennifer Lopez. Rodriguez played the final 12 years of his career with the New York Yankees, and the majority of Lore’s business dealings have remained on the East Coast.
Most of the concern around the pending sale of the Wolves is related to the possibility of the team being relocated to another city. Seattle is most often rumored to be the next city to receive an NBA team, and rightfully so. Las Vegas is also a stark possibility.
Why Alex Rodriguez buying the Minnesota Timberwolves is a good thing
A-Rod Impact on the deal
Don’t miss A-Rod impact, either. He’s a tech billionaire who is forward-thinking and innovative and in many ways the profile of many new, modern owners of sports franchises. It’s unclear what exactly that would mean for the Timberwolves moving forward, but the idea of having a “new-age” owner has to be exciting for Wolves fans.