Former baseball star Alex Rodriguez is among the new owners of the NBA's Minnesota Timberwolves under a purchase agreement announced by the club on Friday AFP/TOM PENNINGTONNEW YORK: Retired Major League Baseball star Alex Rodriguez and businessman Marc Lore have reached a deal to buy the NBA's Minnesota Timberwolves, the team announced Friday .
"The transaction will close following league approval, beginning the transition of ownership and a new chapter of Minnesota Timberwolves and Lynx basketball." Rodriguez helped the New York Yankees to a 2009 World Series title and was a 14-time MLB All-Star infielder. In 2009, he admitted taking banned steroids from 2001 to 2003 while playing for the Texas Rangers.At 22-48, the Timberwolves have been eliminated from playoff contention in the Western Conference, ranking 13th of 15 clubs.
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