US EditionLore, Rodriguez can proceed to purchase Timberwolves, Lynx, arbitration panel rules
- An arbitration ruling has allowed Alex Rodriguez and Marc Lore to proceed with the purchase of the Minnesota Timberwolves and Lynx from Glen Taylor after a dispute over a final payment deadline.
- Rodriguez and Lore agreed to buy the teams for $1.5 billion, aiming for 60 percent ownership, but faced a claim from Taylor that they missed a payment deadline.
- The arbitrators ruled in favor of Rodriguez and Lore, granting them a 90-day window to complete the payment for majority ownership, pending NBA Board of Governors approval.
- Taylor previously stated that the teams were 'no longer for sale' after the deadline expired, while Rodriguez and Lore accused him of 'seller's remorse' due to the teams' increased valuation.
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25 Articles
25 Articles
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Left
2
Center
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Coverage Details
Total News Sources25
Leaning Left2Leaning Right2Center3Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 29%
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