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How Glen Taylor Sabotaged The Timberwolves Sale

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Joe Pompliano

Alex Rodriguez and Marc Lore were on the brink of becoming majority owners of the Minnesota Timberwolves. But current owner Glen Taylor backed out of the $1.5 billion deal at the 11th hour, claiming ARod and Lore didn’t have the money to complete their purchase. Investor and sports business analyst Joe Pompliano discusses why this deal fell apart, breaks down the facts of the situation, and why this is just the beginning of what will be an ugly fight.

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posted by Iminho