- Apr 6, 2025
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In a move that’s sending shockwaves through the NBA and WNBA, Minnesota sports icon Glen Taylor has officially handed over ownership of the Minnesota Timberwolves and Minnesota Lynx to businessman Marc Lore and baseball legend Alex Rodriguez. The transition, finalized this week, marks the end of an era and the beginning of a bold new chapter for both franchises.
Taylor, who bought the Timberwolves in 1994 for $88 million, has been a polarizing but transformative figure in Minnesota sports. Under his leadership:
"This wasn’t an easy decision," Taylor admitted at a press conference. "But Marc and Alex bring fresh energy, innovative ideas, and a commitment to winning that aligns with Minnesota’s passionate fanbase."
This dynamic duo brings a fascinating mix of business acumen and sports celebrity to the table:
Their purchase, initially agreed upon in 2021 through a complex $1.5 billion phased acquisition, faced multiple delays before final approval from the NBA this week.
Insiders suggest fans can expect:
While most fans welcome new investment, some concerns persist:
Elwood Hill is an award-winning journalist with more than 18 years' of experience in the industry. Throughout his career, John has worked on a variety of different stories and assignments including national politics, local sports, and international business news. Elwood graduated from Northwestern University with a degree in journalism and immediately began working for Breaking Now News as lead journalist.
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