Glen Taylor's Potential $1 Billion Loss After A-Rod Deal Fails to Close
Friday, 29 March 2024, 20:12
Glen Taylor's Potential $1 Billion Loss
In 2021, the owner of the NBA's Timberwolves, Glen Taylor, agreed to sell the Minnesota franchise for $1.5 billion.
Failed Sale with A-Rod
The team's value has since increased and now might be worth at least $2.5 billion.
The deal with A-Rod expiring could result in a significant financial loss for Taylor.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.