A three-member arbitration panel has ruled in favor of Marc Lore and Alex Rodriguez, making them the new majority owners of the Minnesota Timberwolves and Lynx. The team’s current owner, Glen Taylor, attempted to cancel a pending sale of 40% of his ownership stake last year, but the panel deemed this action invalid.
Lore and Rodriguez, who are often referred to as “A-Lo,” have been popular among Wolves fans for their risk-taking and aggressive approach to ownership. The duo has brought in new talent, including current President of Basketball Operations Tim Connelly, to help shape the team’s future.
However, Taylor’s departure from the ownership group raises concerns about stability. The Timberwolves have struggled with consistency, and some wonder if trading stability for excitement is justified. With Lore and Rodriguez at the helm, the franchise will likely face new challenges in terms of building a competitive roster and navigating the NBA’s luxury tax.
The Lynx, who have won four WNBA titles under Taylor’s ownership, are expected to continue their success with Lore and Rodriguez leading the way. As for the Wolves, they will aim to build a new arena and address concerns about their team’s competitiveness.
Lore, a billionaire tech entrepreneur, and Rodriguez, whose successful baseball career was marred by admitted use of performance-enhancing drugs, bring fresh faces to the franchise. Their ownership likely marks a new era for the Timberwolves and Lynx, filled with uncertainty but also potential for growth and success.
Source: https://www.startribune.com/minnesota-timberwolves-arbitration-decision-alex-rodriguez-marc-lore-glen-taylor/601220100