Marc Lore, Alex Rodriguez exercise option for bigger stake in Timberwolves, draw new investors
January 03, 2023 at 08:07 AM EST
The pair now have until March 15 to close on a second 20% stake in the team, according to a media report. That would bring them to owning roughly 40% of the team, with plans to acquire an additional 40% over the next year or so.
