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Orbit Sports LLC v. Taylor et al

  1. July 01, 2021

    NBA Owner's $1.5B Sale To A-Rod Nets A Slam Dunk

    A minority owner of the Minnesota Timberwolves and Lynx basketball teams can't block the squads' $1.5 billion sale to Alex Rodriguez and entrepreneur Marc Lore, a federal judge ruled Thursday, saying the deal hasn't triggered the minority partner's tag-along rights to sell its $300 million stake.

  2. June 23, 2021

    NBA Owner Says $1.5B Sale Merits 'Champagne,' Not Lawsuit

    Billionaire Glen Taylor is urging a federal judge not to block his proposed $1.5 billion sale of the Minnesota Timberwolves and Lynx basketball teams to Alex Rodriguez and entrepreneur Marc Lore, saying the minority owner contesting the deal should be thanking him instead.

  3. May 27, 2021

    Timberwolves Co-Owner Sues To Block $1.5B Sale To A-Rod

    A minority owner of the Minnesota Timberwolves and Lynx basketball teams asked a federal judge on Wednesday to block the teams' $1.5 billion sale to Alex Rodriguez and entrepreneur Marc Lore, arguing that the deal runs afoul of tag-along provisions in its own contract that let it sell its $300 million stake in the franchise if control changes hands.