Did Alex Rodriguez Get a Good Deal on the Timberwolves?

The transcript discusses the acquisition of the NBA Minnesota Timberwolves by Alex Rodriguez and Mark Lurie. Initially, they bought 20% of the team, with plans to increase their stake to 80% by March 2024. The deal is compared to the Milwaukee Bucks' valuation, suggesting that Rodriguez and Lurie made a favorable purchase. The Timberwolves' value is estimated to be higher than the purchase price, indicating a potentially lucrative investment.

Who initially agreed to buy the Minnesota Timberwolves?

• Mark Lurie and Mark Cuban

• Rodriguez and Mark Cuban

• Glenn Taylor and Mark Lasry

• Rodriguez and Mark Lurie

By March 2024, what percentage of the Timberwolves do Rodriguez and Lurie plan to own?

• 100%

• 80%

• 50%

• 60%

What was the initial percentage of the Timberwolves purchased by Rodriguez and Lurie?

• 30%

• 10%

• 20%

• 40%

How much was the Milwaukee Bucks valued at in a recent deal?

• $4.5 billion

• $2.5 billion

• $3.5 billion

• $1.5 billion

What was the estimated value of the Timberwolves according to Sportico?

• $1.5 billion

• $3.5 billion

• $1.7 billion

• $200 million more than the agreed price