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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 Timberwolves currently hold a 30-23 record this season heading into Monday night's game against the Cleveland Cavaliers. The Lynx, who reached the WNBA Finals last season, hold the No. 11 ...
The ownership transfer of the Minnesota Timberwolves must continue as originally planned, after a three-person arbitration panel ruled 2-1 that controlling owner Glen Taylor must cede control of ...
The 2021 lawsuit by a shareholder of the Timberwolves and Lynx against Taylor over the initial sale of the team provided a window into the teams' ownership structure and how the deal with Purple ...
The Minnesota Timberwolves ownership dispute is moving into mediation. ... struck an agreement with Taylor in 2021 to buy the Timberwolves and the Minnesota Lynx WNBA franchise for $1.5 billion ...
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 ...
"The Timberwolves and Lynx are no longer for sale." Minnesota Timberwolves and Lynx minority owners Marc Lore and Alex Rodriguez talk in the fourth quarter of the game against the Phoenix Suns at ...
After months of speculation, on May 23, 1994, Top Rank successfully purchased the franchise for $152.5 million with the intention of relocating it to New Orleans. [14] 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]