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Michael Bloomberg partners with Marc Lore and Alex Rodriguez to acquire Timberwolves

Photo: Minnesota Timberwolves Former New York City Mayor Michael Bloomberg, one of the wealthiest individuals globally, has agreed to join Marc Lore and Alex Rodriguez’s ownership group to purchase the Minnesota Timberwolves/Lynx, as reported by NBA insider Shams Charania. Former NYC Mayor Michael Bloomberg — one of the richest people in the world — has…

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Michael Bloomberg Joins Lore/Rodriguez Group Purchasing Wolves

Former New York City Mayor Michael Bloomberg becomes part of Lore/Rodriguez group in purchasing the Minnesota Timberwolves.

Michael Bloomberg, the 12th richest person in the world with over $106 billion, has agreed to join the ownership group of Marc Lore and Alex Rodriguez in their bid to take majority control of the Minnesota Timberwolves. Lore and Rodriguez currently hold 40 percent of the Timberwolves and are locked in a legal dispute with…

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