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The Minnesota Timberwolves ownership dispute is moving into mediation. The first session toward determining whether Glen Taylor will remain controlling owner or cede to Marc Lore and Alex ...
Since late March, coach Chris Finch has said the Timberwolves' ownership dispute hasn't much affected the team at "troop level." That trouble started when owner Glen Taylor said a deal for Alex ...
Mediation was unsuccessful this week in the dispute between minority owners and business partners Marc Lore and Alex Rodriguez and principal owner Glen Taylor over majority control of the NBA's ...
The purchase occurred following an agreement between Top Rank and Timberwolves ownership that allowed Top Rank to purchase the franchise if no local ownership groups were found by May 20, 1994. [15] On June 6, 1994, Top Rank officially filed the paperwork to the NBA seeking to relocate the Timberwolves to New Orleans for the 1994–95 NBA ...
The Minnesota Timberwolves (often referred to as the Wolves) are an American professional basketball team based in Minneapolis. The Timberwolves compete in the National Basketball Association (NBA) as a member of the Northwest Division of the Western Conference. [8] The team was founded in 1989.
Minnesota Timberwolves: Glen Taylor: Minnesota Timberwolves Basketball Limited Partnership 88.5 [39] [40] 1995: New Orleans Pelicans: Gayle Benson: New Orleans Pelicans NBA Limited Partnership 338 [41] [42] 2012: New York Knicks: James Dolan: The Madison Square Garden Company, New York Knicks, Inc. 300 [43] 1997: Oklahoma City Thunder: Clay Bennett
In addition to control of the Minnesota Timberwolves and Minnesota Lynx, financial damages are at stake in the ongoing ownership dispute between want-to-be buyers Marc Lore and Alex Rodriguez and ...
Lore and Rodriguez were expected to make their third and final installment of a $1.5 billion payment to Taylor for the teams by March 27, giving them 80% ownership of the franchises.