David Rubenstein discusses Orioles purchase

A day after the sale of the control stake of the Orioles was finalized, private equity billionaire David Rubenstein and his partnership group were introduced in a live news conference at Oriole Park at Camden Yards on Thursday. MLB owners approved the sale unanimously on Wednesday in the final step of a process that began … Read more

Minnesota Timberwolves sale to A-Rod and Marc Lore falls apart

Co-owners Alex Rodriguez, right, and Marc Lore of the Minnesota Timberwolves during a game against the Los Angeles Lakers at Target Center Minneapolis, Minnesota, on Dec. 30, 2023. David Berding | Getty Images Sport | Getty Images The National Basketball Association’s Minnesota Timberwolves and the Women’s National Basketball Association’s Lynx are no longer for sale … Read more

Statement on Minnesota Timberwolves and Lynx Ownership

Minneapolis/St. Paul – Glen Taylor, Chairman of Taylor Sports Group, Inc., the general partner of Minnesota Timberwolves Basketball Limited Partnership (“Timberwolves and Lynx”), this morning confirmed the expiration of the option of Marc Lore and Alex Rodriguez to acquire controlling interest in the Timberwolves and Lynx. Under terms of the purchase agreement, the closing was … Read more