The current owner, Glen Taylor, who bought the franchise back in 1994, will become the minority owner with a 20% stake in the team. He will have the option to sell it to the pair at a later time. Rodriguez and Lore initially bought into the franchise in April 2021. They bought two installments of 20% of the franchise which had a valuation of $1.5 billion.

Rodriguez was a former professional baseball player who played on several teams for over 20 years. He started his career with the Seattle Mariners before heading to the Texas Rangers and ending his career with the New York Yankees (where he won the World Series in 2009).

Alex Rodriguez To Become Majority Owner of The Minnesota Timberwolves And The Lynx