[Wojnarowski] 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.
April 23, 2024
[Wojnarowski] 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.
13 comments
right during the playoffs let’s goo!!!! weirdest team ever.
Hopefully they just change the price and get it done. Ownership changes, Glen gets some extra money and we’re done with this stupid shit
If Glen is willing to fork out money to keep the team together but Arod and Lore aren’t (which was rumored), I want to keep Glen around for a couple more years. Even as much as we all hate him.
This whole situation is WEIRD.
Yes, LFG!! My prediction and hope since the drama started has been they’ll all reach a point either due to team success or reflections where Marc and Alex will agree to continue what they’ve been doing for the past few years allowing Glen to keep majority status and signing off on any team adjustments until he passes.
We’ll see what happens tho 🤷♂️
Awwooo
This won’t do a thing – there’s a mediation clause in the [contract ](https://www.courtlistener.com/docket/59939441/2/2/orbit-sports-llc-v-taylor/)that says mediation has to come before (binding) arbitration, and the only way this particular mediation will lead to any sort of resolution will be if Taylor totally caves. My guess is it lasts about 10 minutes, Taylor asks for some more money or to continue without the second (or third) tranche, ARod/Lore tell him to fuck off, and we wait for arbitration to be scheduled.
I can see ARod and Lore fail to gain ownership and then demand Glen Taylor buys them out at the current value of the team. That way they pretty much double their money and walk away happy.
Then hopefully Glen can find real owners that actually have the money and buy it all at once.
Glen gets his Championship this year and walks away happy.
[Anyone else see the NYpost article from last week](https://nypost.com/2024/04/18/sports/marc-lore-pushing-to-own-timberwolves-as-glen-taylor-fight-continues/)? Laid out details that last year Glen bought out a bunch of smaller owners to take a 36.1% stake in the team to keep majority stake over Arod and Lore. Seems like Glen has had a plan to snake this out for over a year. Hopefully mediation can end this charade and Wolves can have some normalcy.
If this falls through. I hope KG gets a team together to buy us. At least Taylor knows that he would keep the team in MN.
friendship ended with taylor
Arod is now my best friend
Never trust AROD. scumbag from day 1. Glen Taylor isn’t good but AROD would be a huge disaster.
I just want to say one that one the Dane Moore Podcast which tends to be a very reliable source it was confirmed that Arod and Lauri have the money to buy the team that is not the problem. It’s still up in the air though if they some how broke their side of the contact
13 comments
right during the playoffs let’s goo!!!! weirdest team ever.
Hopefully they just change the price and get it done. Ownership changes, Glen gets some extra money and we’re done with this stupid shit
If Glen is willing to fork out money to keep the team together but Arod and Lore aren’t (which was rumored), I want to keep Glen around for a couple more years. Even as much as we all hate him.
This whole situation is WEIRD.
Yes, LFG!! My prediction and hope since the drama started has been they’ll all reach a point either due to team success or reflections where Marc and Alex will agree to continue what they’ve been doing for the past few years allowing Glen to keep majority status and signing off on any team adjustments until he passes.
We’ll see what happens tho 🤷♂️
Awwooo
This won’t do a thing – there’s a mediation clause in the [contract ](https://www.courtlistener.com/docket/59939441/2/2/orbit-sports-llc-v-taylor/)that says mediation has to come before (binding) arbitration, and the only way this particular mediation will lead to any sort of resolution will be if Taylor totally caves. My guess is it lasts about 10 minutes, Taylor asks for some more money or to continue without the second (or third) tranche, ARod/Lore tell him to fuck off, and we wait for arbitration to be scheduled.
I can see ARod and Lore fail to gain ownership and then demand Glen Taylor buys them out at the current value of the team. That way they pretty much double their money and walk away happy.
Then hopefully Glen can find real owners that actually have the money and buy it all at once.
Glen gets his Championship this year and walks away happy.
[Anyone else see the NYpost article from last week](https://nypost.com/2024/04/18/sports/marc-lore-pushing-to-own-timberwolves-as-glen-taylor-fight-continues/)? Laid out details that last year Glen bought out a bunch of smaller owners to take a 36.1% stake in the team to keep majority stake over Arod and Lore. Seems like Glen has had a plan to snake this out for over a year. Hopefully mediation can end this charade and Wolves can have some normalcy.
If this falls through. I hope KG gets a team together to buy us. At least Taylor knows that he would keep the team in MN.
friendship ended with taylor
Arod is now my best friend
Never trust AROD. scumbag from day 1. Glen Taylor isn’t good but AROD would be a huge disaster.
I just want to say one that one the Dane Moore Podcast which tends to be a very reliable source it was confirmed that Arod and Lauri have the money to buy the team that is not the problem. It’s still up in the air though if they some how broke their side of the contact