The Minnesota Timberwolves and Minnesota Lynx are no longer for sale, as confirmed by Glen Taylor, the Chairman of Taylor Sports Group, Inc.
Taylor stated that Marc Lore and Alex Rodriguez’s option to acquire controlling interest in the teams has expired.
The purchase agreement stipulated that the closing must occur within 90 days following the exercise notice issued by Lore and Rodriguez.
However, the 90-day period expired on March 27, 2024, without the transaction being completed.
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