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Lore and A-Rod Detail some of Their Plans for the Timberwolves

HENNEPIN COUNTY, MINNESOTA, JUL 12 – New owners Alex Rodriguez and Marc Lore aim to replace the outdated Target Center to enhance fan experience and build a sustainable winning team, prioritizing innovation and long-term value.

  • Alex Rodriguez and Marc Lore, newly appointed majority owners of the Minnesota Timberwolves and Lynx, made their announcement during an event held in Las Vegas amid the NBA Summer League.
  • Their ownership followed years of involvement with the teams and aimed to address prior rumors about the Timberwolves leaving Minnesota while committing to long-term growth.
  • They emphasized a methodical investment approach focused on building a sustainable winning culture, including working on a new arena and installing theater-style lighting in Target Center.
  • Rodriguez emphasized that fans merit a new arena and described modern, improved facilities as essential, stating that maintaining a high standard of competition consistently requires such an upgrade.
  • The owners plan to innovate, strengthen franchise value over decades, and seek closer ties with legend Kevin Garnett, although no immediate reconciliation is expected.
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Lore and A-Rod detail some of their plans for the Timberwolves

Alex Rodriguez remembers a very specific lesson that longtime New York Yankees owner George Steinbrenner taught him over the years.

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U.S. News broke the news in New York, United States on Friday, July 11, 2025.
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