Alex Rodriguez ownership group has not closed deal on Timberwolves purchase yet

By , Audacy

First the Mets, then J.Lo and now the Timberwolves?

Well, probably not. But the deal does not appear to be set in stone just yet.

While current Timberwolves owner Glen Taylor said on April 10 he intended to sell the team to the ownership group of Rodriguez and tech entrepreneur Marc Lore, the exclusive 30-day negotiating window has closed without any deal.

This does not necessarily mean that Rodriguez and Lore will not purchase the team, a deal can still get done, but it does mean other suitors can enter new bids.

According to Marc Stein of the New York Times, NBA veteran Arron Afflalo is planning to launch a renewed bid to buy the Timberwolves.

Afflalo has been pursuing the team for 10 months and led a bid back in September after Grizzlies minority owner Daniel Strauss had a similar exclusive negotiating window expire without a deal.

Taylor has had a history of failing to get through negotiations for his teams up for sale. There is the aforementioned negotiations with Strauss, as well as Kevin Garnett’s inquiry that became messy.

As Stein noted, Rodriguez was recently seen at a Timberwolves game in Miami, so it feels as if this could get done. But as of now, there is no deal in place and as long as other bidders, like Afflalo, can come in and make an offer, anything could happen.

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