Former professional baseball player Alex Rodriguez and billionaire Marc Lore are finalizing a 1.5 billion dollar deal to purchase both the Timberwolves and Lynx. While nearly finalized, the deal won't take place until 2023, so current owner Glenn Taylor will operate the franchises for two more years.⁣ ⁣ ⁣ Since retiring, Alex Rodriguez has made it clear he wants to own a team. After initially falling short for purchasing the Mets, he has achieved success with the Minnesota market. In addition to his brand management and growth from this move, bringing success to a struggling sports franchise can drastically help other minorities get hired in high level sport management positions.⁣ ⁣ ⁣ [source: @espn]⁣ ⁣ ⁣ #afrugalathlete #AlexRodriguez #MinnesotaTimberwolves #MinnesotaLynx #NBA #WNBA #MLB #ownership #minorityowner #investmentportfolio #brandmanagement