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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 ...
Rodriguez and Lore agreed to purchase the Timberwolves and Lynx from Taylor for $1.5 billion in 2021. They purchased a 20% stake initially, and then had three future options that would have given ...
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 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 ...
The Lynx compete in the Women's National Basketball Association (WNBA) as a member of the Western Conference. The team won the WNBA title in 2011, 2013, 2015, and 2017. Founded prior to the 1999 season, the team is owned by Glen Taylor, who is also the majority owner of the Lynx' NBA counterpart, the Minnesota Timberwolves.
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 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 ...