Alex Rodriguez is swinging for the fences, this time in buying a professional sports team.
According to CNBC’s Jabari Young, “Rodriguez will join former Walmart e-commerce CEO Marc Lore to purchase the Minnesota Timberwolves for a reported $1.5 billion.”
Young states that “the move still needs approval from NBA owners, and Timberwolves current owner Glenn Taylor is expected to operate the franchise for two more years while Rodriguez and Lore transition into their ownership roles.”
“They’ve asked that I would be there for any decisions that would need to be made,” Taylor told the Associated Press according to CNBC. “I would enjoy that. I love teaching people. These are a couple of very bright guys, and I think it could be helpful to the club, and I think I could be helpful to them so that they feel confident once they take over 100%.”
Until then, current Timberwolves rookie and the first overall pick in the last NBA draft, Anthony Edwards, was asked about the potential new owner of his team.
So, Alex decided to reach out and introduce himself! Like you know, any good business owner would do to a potential future employee.
Here was the introduction over Instagram:
When Rodriguez becomes part-owner, he’ll be taking over a team that is in good hands on the court, including have a player like Anthony.
Edwards is having a standout rookie season so far, averaging 18.1 points, 4.4 rebounds, and 2.6 assists.
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