So, you’ve heard the rumor, right? Alex Rodriguez—A-Rod, the guy who hit 696 home runs and dated J.Lo—is apparently running an NBA team. Wait, what? Is Alex Rodriguez the owner of the Minnesota Timberwolves? Let’s grab a coffee and dig into this little sports puzzle.
First, the short answer: No, he is not the sole owner. It’s more complicated than that. And honestly, with A-Rod, isn’t everything?
In 2021, A-Rod and his buddy, Marc Lore (the Walmart.com billionaire), made a deal to buy the Timberwolves and the Lynx. The plan? Pay over $1.5 billion over time. But here’s the kicker: they’re not fully in charge yet.
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The sale was supposed to be a slow handoff from current owner Glen Taylor. Think of it like passing a baton in a relay race—but everyone keeps dropping it. The first chunk (about 20%) went through in 2021. The next big payment? That was due in early 2024.
And then things got juicy. Reports said Taylor and the A-Rod/Lore team had a falling out. Like, a dramatic falling out. Missed deadlines, angry texts, the whole soap opera vibe. Suddenly, the purchase looked wobbly.
So Who’s The Real Boss Right Now?
As of mid-2024, Glen Taylor is still the majority owner. He’s the old-school guy who’s owned the team since 1994. A-Rod and Lore are minority partners—they own about 20% and have a lot of say in basketball decisions, but they don’t get the final call.
Basically, A-Rod is like your friend who says they’re “in charge” of the party, but the landlord still holds the lease. Frustrating, right?
But wait—there’s more drama. In March 2024, Taylor announced that the sale was off entirely. He claimed Lore and Rodriguez missed the deadline to buy the next chunk. A-Rod’s camp fired back, saying they had the money ready. Who’s telling the truth? Honestly, your guess is as good as mine.
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The Arbitration Circus
Now, the whole mess is going to arbitration. That’s fancy legal speak for “a judge will sort it out.” The hearing started in late 2024. Taylor wants to keep the team; A-Rod and Lore want to finish the deal.
So if you’re a Timberwolves fan, you’re basically watching a billionaire soap opera instead of basketball. And honestly, isn’t that peak sports drama? A-Rod, the guy who cheated in baseball, is now fighting to own a team. The irony is thick.
What Does A-Rod Actually Do?
Even as a minority owner, A-Rod is super visible. He sits courtside. He talks trade ideas. He’s the face of the franchise’s future. But he can’t fire the GM or sign checks without Glen Taylor’s blessing.
He’s like the cool uncle who shows up to Thanksgiving with expensive wine but can’t decide what’s for dinner. Fun guy, but not the dad.
And let’s be real: A-Rod loves the spotlight. He’s been on Shark Tank, built a fitness empire, and now he wants to run a basketball team. Is he just in it for the attention? Probably a little. But he’s also genuinely obsessed with winning.
Why Does This Matter?
If A-Rod and Lore eventually take over, it changes everything for the Wolves. They’ve promised to invest in the team, the arena, even the downtown area. They want to turn Minnesota into a destination for stars.
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But if they lose arbitration? Glen Taylor stays. And then what? Does A-Rod just walk away? Or does he become that grumpy minority owner who sulks in the corner?
Either way, the Timberwolves are stuck in a weird limbo. They have a great young team (shoutout Anthony Edwards!), but the ownership drama is a cloud overhead. Imagine trying to build a dynasty while your bosses are in a custody battle. Yikes.
The Running Joke
Fans have a dark sense of humor about this. You’ll hear chants of “A-Rod! Fix it!” after bad losses. Or jokes that the team’s real owner is actually Jason Mamoa because why not? It’s that kind of chaos.
Meanwhile, A-Rod keeps posting Instagram stories from courtside, grinning like he’s the king. But the throne? It’s still very much in dispute.
So, to answer your original question: No, Alex Rodriguez is not the owner of the Timberwolves. Not yet. Maybe never. But he sure is making it entertaining—and expensive—to find out.
Pour another cup of coffee. This saga isn’t ending anytime soon.