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The team was founded in 1989. Its majority owner is Glen Taylor, who also owns the WNBA's Minnesota Lynx. [9] Currently, Taylor is in a legal battle over ownership of the team with Alex Rodriguez, Marc Lore, and Michael Bloomberg. [10] [11] The Timberwolves play their home games at Target Center, their home since 1990. [12]
Taylor made his fortune as the founder and owner of Minnesota-based Taylor Corporation, one of the largest graphic communication companies in the United States. Taylor is the majority owner of the Minnesota Timberwolves of the National Basketball Association and the owner of the Minnesota Lynx of the Women's National Basketball Association. He ...
Alex Rodriguez and Marc Lore are finally set to take over the Minnesota Timberwolves. Arbitrators have ruled in favor of Rodriguez and Lore over current owner Glen Taylor in their long, tumultuous ...
Minnesota Timberwolves: Glen Taylor (60%), Alex Rodriguez and Marc Lore (40%) [40] Minnesota Timberwolves Basketball Limited Partnership 88.5 [41] [42] 1995: New Orleans Pelicans: Gayle Benson: New Orleans Pelicans NBA Limited Partnership 338 [43] [44] 2012: New York Knicks: James Dolan: The Madison Square Garden Company, New York Knicks, Inc ...
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 ...
The next drama facing the Minnesota Timberwolves will play out in arbitration. We don't know who will be the majority owner of the team at the end of the summer: Glen Taylor, or Marc Lore and Alex ...
Glen Taylor, owner of the Timberwolves and Lynx, paid a total of $60 million; AEG contributed $5.9 million. As a result, the Timberwolves' lease will run until 2035. [16] The renovated building reopened in October 2017.
Michael Bloomberg is joining the Minnesota Timberwolves and Minnesota Lynx ownership group led by Marc Lore and Alex Rodriguez, according to The Athletic.. The billionaire and former NYC mayor ...