Alex Rodriguez Rumors

All parties involved in Timberwolves sale confident it will be completed

Lore declined to be interviewed for this story as he and Rodriguez are still working with Taylor to finalize an agreement as their 30-day exclusive negotiating window winds down. All parties involved remain confident that a deal is on track to be completed, sources told The Athletic, which would bring the close friends on as limited partners for the next two seasons before they took over as the general partners for the 2023-24 season.
1 day ago – via Jon Krawczynski @ The Athletic

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This rumor is part of a storyline: 93 more rumors
1 day ago – via Jon Krawczynski @ The Athletic

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“He doesn’t put himself in a position to fail,” said Gary Vaynerchuk, the high-profile entrepreneur and social media maven who has been a friend and business partner to Lore. “Now he’s at an interesting part of his career where I think he’s going for bigger bets. Flying cars and sports teams. Now I think he’s probably in his ‘let my stretch myself’ mode.”
1 day ago – via Jon Krawczynski @ The Athletic

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Marc Lore, 49, and Rodriguez plan to spend $1.5 billion to buy the Timberwolves and Lynx from owner Glen Taylor, who also owns the Star Tribune. The two have a relationship beyond the Timberwolves deal. Lore and Rodriguez also were in the bidding last year to buy the New York Mets, but were eventually outbid by hedge fund billionaire Steve Cohen. Lore is special adviser to Slam Corp., a blank check company formed by Rodriguez and Himanshu Gulati, the founder and chairman of Antara Capital. Slam Corp. announced a $500 million pricing for its initial public offering in February and is looking to merge with a startup in the sports, media or health and wellness industry.
4 days ago – via Nick Williams @ Minneapolis Star-Tribune

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There was an interaction with an Irish reporter that went viral after his accent drew admiration from Edwards — “I want to learn how to talk like that,” he said — and, more recently, the rookie’s introduction to Alex Rodriguez, who is nearing a deal to become one of the Timberwolves’ new owners. “I don’t know who that is,” Edwards said in a call with reporters this month. Edwards has since familiarized himself with Rodriguez’s body of work (he used to play baseball), and they even had an exchange on social media. “He was like: ‘What’s up, Anthony? I’m Alex,’” Edwards said. “And I was like, ‘What’s good?’”
2 weeks ago – via Scott Cacciola @ New York Times

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