Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Registered members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Related Pursuits
The Sports Page
MN Timberwolves Sold To A-Rod
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Brothers of Briar:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="RSteve" data-source="post: 559275" data-attributes="member: 164"><p><span style="font-size: 18px">"The MN Timberwolves have been sold by current owner, Glen Taylor, to a group led by former Major League Baseball superstar Alex Rodriguez and billionaire Marc Lore. A purchase price of 1.5 billion dollars and other “major elements’ of a transaction have already been agreed to by the two parties."</span></p><p><span style="font-size: 18px"></span></p><p><span style="font-size: 18px">I'm guessing that future plans of the new ownership group include moving the team to Las Vegas. There is a penalty in the sales contract that stipulates that if the owners move the team, they have to pay the city of Minneapolis 50 million dollars. Based on the fact that the owners have very deep pockets and Las Vegas would probably prefer to pay $50 million rather than a considerably larger expansion fee, the penalty is meaningless.</span></p></blockquote><p></p>
[QUOTE="RSteve, post: 559275, member: 164"] [SIZE=5]"The MN Timberwolves have been sold by current owner, Glen Taylor, to a group led by former Major League Baseball superstar Alex Rodriguez and billionaire Marc Lore. A purchase price of 1.5 billion dollars and other “major elements’ of a transaction have already been agreed to by the two parties." I'm guessing that future plans of the new ownership group include moving the team to Las Vegas. There is a penalty in the sales contract that stipulates that if the owners move the team, they have to pay the city of Minneapolis 50 million dollars. Based on the fact that the owners have very deep pockets and Las Vegas would probably prefer to pay $50 million rather than a considerably larger expansion fee, the penalty is meaningless.[/SIZE] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Related Pursuits
The Sports Page
MN Timberwolves Sold To A-Rod
Top