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Latin Times
Latin Times
Sport
Héctor Ríos Morales

Latino Owners of Pro Sports Teams, the Exclusive Club Alex Rodriguez Wants to Join In

Alex Rodriguez, left, and Marc Lore during their introductory press briefing with the Minnesota Timberwolves in 2021 (Credit: CARLOS GONZALEZ, STAR TRIBUNE/STAR TRIBUNE)

ALABAMA - Early 2024 could prove to be a historic moment for Latinos in sports in the United States, as Alex Rodriguez could become the first member of this demographic to own a majority of an NBA franchise.

Concretely, A-Rod and his business partner, Marc Lore, are closing in on a deal to buy 40% of the NBA's Minnesota Timberwolves along with the WNBA's Lynx. According to reports from ESPN's Adrian Wojnarowski, they plan to exercise the option to purchase a further 40% of the team, adding to the 40% they initially bought in April 2021.

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