• Loading stock data...
Saturday, December 14, 2024

T-Wolves’ Playoff Start Is Clouded by a Messy Ownership Dispute

  • Alex Rodriguez and Marc Lore remain minority owners of the franchise.
  • Majority owner Glen Taylor has decided to retain control of the team.
Alex Rodriguez, Anthony Towns
Nick Wosika-USA TODAY Sports

The Timberwolves are entering the NBA playoffs after the franchise’s best regular season in two decades. You’d need to go back to 2004, when Kevin Garnett led Minnesota to 58 wins and then to the Western Conference Finals, to find a T-Wolves team this successful. On Saturday, fans will get to see Kevin Durant, Devin Booker, and the Suns come to town to tip off one of the best matchups in the first round. 

Life is good in Minnesota, right?

It should be. But there’s one not-so-behind-the-scenes issue clouding the Timberwolves this postseason: No one knows who the team’s owner is going to be this time next year. The future of the franchise looks like it will be decided in arbitration after majority owner Glen Taylor took Minnesota off the market just weeks ago, thwarting the planned transfer of control to current minority owners Alex Rodriguez (above) and Marc Lore. 

It’s been almost three years since Rodriguez and Lore agreed to a deal that was intended to eventually make them majority owners. (That deal valued the franchise, along with the WNBA’s Lynx, at $1.5 billion.) Last month, Taylor said that the pair, who together own 40% of the T-Wolves and Lynx, missed a deadline to make a payment. But Rodriguez and Lore dispute that claim—and NBA commissioner Adam Silver said the league has no plans to get involved. So, the saga is headed to court.

All Eyes on the Courtside Seats

Last Friday, Taylor, Rodriguez, and Lore were all spotted at Minnesota’s Target Center for the Timberwolves’ penultimate game of the regular season. On Thursday afternoon, a team spokesperson told Front Office Sports they did not have confirmation of any of the trio’s plans to attend Saturday’s game. Game 1 could have been a landmark moment to celebrate the team’s success and the start of a new era for the organization. Now, it’s all a bit muddy.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The Top-Secret Operation to Create the Army-Navy Football Uniforms

The two-year process includes dozens of employees, NDAs, and military historians.
Mina Kimes and Ryan Clark at NFL draft

ESPN Talent Turns Its Fire on Aaron Rodgers

The network’s NFL talent ripped the QB as ‘hypocritical’ this week.

NBA Cup Prize: Every Player Wants the Money, But One Would Get..

Each player on the championship team will win nearly $515,000.
Georgia defensive lineman Mykel Williams (13) goes in for a sack on Texas quarterback Quinn Ewers (3) during the second half of the SEC championship game against Texas in Atlanta, on Saturday, Dec. 7, 2024.

How the CFP’s On-Campus Guinea Pigs Are Handling Historic December Home Games

The biggest games in school history will be when students are home for break.

Featured Today

Nov 2, 2024; Denver, Colorado, USA; Detailed view of a Wilson NBA basketball held by a referee during the second half between the Utah Jazz against the Denver Nuggets at Ball Arena

‘Obvious Weak Point’: Refs Remain an NBA Gambling Concern

A season after Jontay Porter, the biggest risk may not be players.
Nov 2, 2024; Ann Arbor, Michigan, USA; Michigan Wolverines cheerleader runs with a flag before the game against the Oregon Ducks at Michigan Stadium.
opinion
December 7, 2024

College Football’s Billionaire Backer Era Begins

Is this the new normal in CFB recruiting?
LA Galaxy forward Dejan Joveljic (9) celebrates with midfielder Riqui Puig (10) after scoring a goal against Seattle Sounders FC in the second half in the 2024 MLS Cup Western Conference Final match at Dignity Health Sports Park
December 6, 2024

With or Without Messi, Major League Soccer Is Barreling Into the Future

After the Cup final, the league looks to accelerate its growth.
Dec 18, 2022; Lusail, Qatar; FIFA president Gianni Infantino claps during the awards ceremony after the 2022 World Cup final between Argentina and France at Lusail Stadium.
December 2, 2024

FIFA Wants More Matches. Resistance Is Growing Inside the Global Soccer World

Resentment and frustration over expanded schedules is nearing a breaking point.

Manchester City Is a Mess. It’s Still Breaking Revenue Records

As on-field losses mount, the Premier League giant reports record revenue.
December 12, 2024

Mets: Not Concerned About Lower-Revenue Clubs After Soto Signing

The club dismisses concerns about fundamentally resetting the sport’s salary scale.
Cody Bellinger
December 13, 2024

The Astros Cheating Scandal Still Looms Large Five Years Later

It may end up a major factor in the Cubs’ and Yankees’ offseasons. 
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Nov 17, 2024; Chicago, Illinois, USA; Former quarterback and current NFL announcer Tom Brady looks on before the game between the Chicago Bears and Green Bay Packers at Soldier Field.
December 12, 2024

Tom Brady to Have ‘Huge’ Impact on Raiders, Says Mark Davis

“His role is undefined right now,” Davis said of Brady.
Tilman Fertitta
December 11, 2024

Rockets Owner Tilman Fertitta in Line for Trump Appointment, Wants to Buy..

Fertitta had given hundreds of thousands of dollars to Trump.
December 10, 2024

More to A’s Offseason Spending Plans Than Meets the Eye

Revenue-sharing guidelines are helping fuel the increased spending.
Joe Tsai
December 10, 2024

NFL Owners Set to Vote on Dolphins, Bills Stakes for Tsai, Carter,..

The deals are likely to be approved at the owners meetings in Dallas.