Marc Lore is intensifying efforts to secure ownership of the Minnesota Timberwolves amid an ongoing dispute with current owner Glen Taylor, according to NY Post and ESPN sources. A pivotal mediation session is scheduled for May 1 in Minneapolis to address the conflict between Taylor and the Lore/Alex Rodriguez ownership group. The dispute escalated after Taylor terminated the ownership transition, accusing Lore and Rodriguez of failing to meet sales condition deadlines. This conflict has also reportedly led to actions by Taylor that upset limited partners and positioned him for a legal battle.
This is an explosive story on the Minnesota Timberwolves situation. It is full of previously unreported details. @JoePompliano spent weeks tracking down the information & putting the pieces together. Give it a read. Share it with friends. READ: https://t.co/j9EicoCcXH https://t.co/ZRtxgbPu8o
EXCLUSIVE: I've spent the last few weeks investigating the fight for ownership of the Minnesota Timberwolves. Sources provided specific examples of Glen Taylor sabotaging the deal, upsetting limited partners, and positioning himself for a fight. READ: https://t.co/scQ0F7UUNf https://t.co/hA8O4xorhF
ESPN Sources: A mediation session has been set for May 1 in Minneapolis in the Timberwolves’ ownership dispute between Glen Taylor and the Marc Lore/Alex Rodriguez group. Taylor ended ownership transition when he said Lore/ARod failed to meet deadlines on sales conditions. https://t.co/qbsBCo5LZ1
NY Post exclusive with @joshkosman @ccampy: After several years of ambiguity, it is now clear which of Marc Lore or A-Rod would be the controlling owner of the Timberwolves if they prevail in their fight with Glen Taylor. Plus more details: https://t.co/wwpfMfNrJs
Marc Lore now pushing to own Timberwolves as Glen Taylor fight continues: sources https://t.co/nyADk2k5Sl https://t.co/O3yY075OFS