Former New York City Mayor Mike Bloomberg is teaming up with ex-New York Yankees star Alex Rodriguez.
Per Shams Charania and Jon Krawczynski of The Athletic, former NYC Mayor Mike Bloomberg is joining Alex Rodriguez's bid to fully take over the Minnesota Timberwolves and Lynx basketball franchises. The former New York Yankees star currently carries a 40 percent stake in the teams with business partner Marc Lore and is currently engaged in a legal battle with majority owner Glen Taylor.
Taylor, who purchased the Timberwolves and Lynx in 1994 and 1999 respectively, has claimed that Rodriguez, Lore, and their partners have not presented the necessary capital or met the deadlines agreed upon in their purchase.
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