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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 ...
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.
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 ...
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.
In 2021, Lore and Rodriguez agreed to purchase the franchises for $1.5 billion. They had 90 days to complete the final step of the sale after informing Taylor in December 2023 of their intent to ...
Tim Connelly (born May 15, 1976) [1] is an American basketball executive who is the president of basketball operations of the Minnesota Timberwolves of the National Basketball Association (NBA). He previously worked for the Washington Wizards and New Orleans Hornets , before becoming president of basketball operations at the Denver Nuggets .
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 ...
Minnesota Timberwolves: Glen Taylor: Minnesota Timberwolves Basketball Limited Partnership 88.5 [38] [39] 1995: New Orleans Pelicans: Gayle Benson: New Orleans Pelicans NBA Limited Partnership 338 [40] [41] 2012: New York Knicks: James Dolan: The Madison Square Garden Company, New York Knicks, Inc. 300 [42] 1997: Oklahoma City Thunder: Clay Bennett