Current location:International Iterations news portal > sport
Timberwolves dispute between Taylor and Lore, Rodriguez over ownership moves to mediation
International Iterations news portal2024-04-25 00:24:25【sport】5People have gathered around
IntroductionMINNEAPOLIS (AP) — The Minnesota Timberwolves ownership dispute is moving into mediation.The first s
MINNEAPOLIS (AP) — The Minnesota Timberwolves ownership dispute is moving into mediation.
The first session toward determining whether Glen Taylor will remain controlling owner or cede to Marc Lore and Alex Rodriguez has been scheduled for May 1, according to a person with knowledge of the situation. The person spoke to The Associated Press on condition of anonymity Tuesday because the details were not being publicized. ESPN first reported the news.
The 82-year-old Taylor announced March 28 that he was exercising his right to pull out of the last part of the unusually structured deal because Lore and Rodriguez did not meet the deadline for the final payment — about $600 million — that was to transfer an additional 40% stake of the club.
Lore and Rodriguez vehemently disagreed. The pair said they were waiting on NBA approval for the paperwork they’d submitted by the March 27 deadline that entitled them, per the contract, to a 90-day extension. They accused Taylor of simply having seller’s remorse because the value of the Timberwolves has increased since the agreement, mirroring a continued spike in NBA revenues.
Address of this article:http://www.videocameralive.com/tag/director/
Very good!(287)
Related articles
- What is the Rwanda scheme? Your questions answered
- 'Catherine is thrilled by the kind wishes and support': Camilla thanks well
- A quiet birthday for Meghan's former best
- Who could have saved the Middletons' Party Pieces from disaster? A well
- North Korea sends a delegation to Iran in a growing effort to break its diplomatic isolation
- Why do so many leading royals
- Queen Letizia dons a chic trouser suit to attend national awards ceremony with King Felipe
- From gadget king to royal Luddite
- Celine Dion reveals the reason she NEVER borrows clothes from top designers like other celebs
- A quiet birthday for Meghan's former best
Popular articles
Recommended
Riley Greene homers twice and Mark Canha goes deep to power Tigers past Rays 4
Princess Beatrice and Edoardo Mapelli Mozzi are all smiles as they join his mother
US House passes controversial surveillance bill on 4th attempt
US 'prepper' culture diversifies amid fear of disaster and political unrest
A Russian priest who held Navalny's memorial service is suspended by Moscow church
Lady Tatiana Mountbatten
She's known as the no
Who is Tiggy Legge
Links
- Guidelines aim to reduce rate of childhood myopia
- Memorial Meeting Held to Mourn Jiang Zemin
- Xi Calls for Free, Open Trade at APEC Economic Leaders' Meeting
- Xi's Speech to Be Published
- China files over 1,000 new undergraduate education programs in 2023
- Guidelines aim to reduce rate of childhood myopia
- China to expand pilot program for reform of medical services pricing
- Vice Premier Stresses Gathering Positive Momentum in Fighting COVID
- Xi Meets with King Salman bin Abdulaziz Al Saud of Saudi Arabia
- Chinese Armed Forces Mourn Passing of Jiang Zemin