Alex Rodriguez’s love for the Minnesota Timberwolves hasn’t ended even though their NBA playoffs journey has. But while the vibes are the Timberwolves fanbase and squad are infectious, the same isn’t the case backstage. There’s a huge Game of Thrones being played in the Timberwolves’ front office between Rodriguez and Glen Taylor. But in this battle of dominance, it looks like Rodriguez has found a golden supporter.

Per the New York Post, former three-term New York City mayor and billionaire businessman Michael Bloomberg has reached an agreement with Rodriguez and Marc Lore. Through this agreement, Bloomberg has become a part of the Timberwolves ownership group led by Lore and Rodriguez. This has given a whole new twist on this saga that isn’t devoid of such turns. 

In Bloomberg, Rodriguez gets a major investor. The 12th richest person in the world (per Forbes in April) could possibly turn the tide against Glen Taylor. The Timberwolves owner had pulled the rugged right under A-Rod earlier this year by refusing to continue with the T-Wolves’ sale. This led to A-Rod and Lore getting hold of 40% of the Timberwolves while the rest 60% remained with Taylor and other investors. 

Before this cancellation, Alex Rodriguez joined the Carlyle Group to generate the necessary funds. However, when the latter withdrew, he immediately went to Dyal Capital. However, by that time the deadline had passed per Taylor. That led to him canceling the deal. But Rodriguez was adamant in his stance that he had submitted the $600 million commitment letters before the March 27 deadline. 

As a result, both sides have entered arbitration to resolve this dispute. With the process expected to take almost the whole of summer to complete, Bloomberg’s arrival gives Rodriguez an instant source of money if things fall in his favor.

How Michael Bloomberg can help Alex Rodriguez’s bid for Timberwolves

Alex Rodriguez and Marc Lore have repeatedly said that they have the money to buy another 40% of the team as written in the contract. The duo already owns 40% of the time and another 40% for $ 600 million plus would give them 80% of the team. That would leave Taylor and other investors with around 20% of the team’s stake. However, Bloomberg’s arrival signals that Rodriguez doesn’t want to wait to get those remaining 20% too.

If the arbitration goes in favor of A-Rod, he can immediately ask Bloomberg to get a final $ 300 million-plus investment to buy out Glen Taylor’s share completely. That can potentially end this drama once and for all and give full control to A-Rod’s group. Also, Bloomberg dispels the concerns about the new ownership group not being able to afford to pay taxes. So with Alex Rodriguez going full balls to the wall for the Timberwolves, things are surely getting exciting in Minnesota.