feature-image
feature-image

Alex Rodriguez is one of the very few sports personalities who has built an empire in their post-retirement careers. Having played baseball for over two decades, A-Rod ruled an era. And his post-retirement is equally good.

Watch What’s Trending Now!

Not long ago, but in 2021, A-Rod teamed up with business tycoon Marc Lore to buy the NBA franchise Minnesota Timberwolves. Not many people know this but way before becoming the part-owner of the Timberwolves, A-Rod’s ex-fiancee Jennifer Lopez was reportedly a third partner in the $1.5 billion deal.?

ADVERTISEMENT

But since the two ended their four-year-old relationship, Jennifer automatically parted ways from the deal, too. However, the speculations also suggest that A-Rod bought the Timberwolves as revenge on his ex-fiancee Jennifer and her beau Ben Affleck.

ADVERTISEMENT

Did Alex Rodriguez invest in the Timberwolves because of revenge on his ex-fiancee Jennifer Lopez?

Even though Alex Rodriguez‘s current worth is around $400 million, the former Yankee is reportedly having a liquidity problem. And that is the main reason his Timberwolves ownership is in doubt. Had A-Rod and J.Lo been together, the current scenario would be a lot different.

ADVERTISEMENT

article-image

Getty

Per the New York Post, apart from A-Rod and Marc Lore, Jennifer Lopez was also in the Timberwolves’ ownership deal. And she was the main reason Lore also teamed up with A-Rod. But when the two called their relationship off in the last year, A-Rod still wanted to become a part-owner of the NBA franchise.

ADVERTISEMENT

Read more: ?Yes, You Are Rich, Derek. But You?re Not??- MLB Pundits Discuss How Derek Jeter Can Replace Alex Rodriguez to Become Part-Owner of Timberwolves

ADVERTISEMENT

And he did become a part-owner of the Timberwolves. Although it is not sure whether A-Rod bought the Timberwolves because he wanted revenge on $550 million worth of Jennifer Lopez and Ben Affleck.

But the recent reports suggest that Alex Rodriguez is having trouble generating more money for the second installment. Not to forget that from being an equal partner, A-Rod went on to become a secondary partner to Lore because of the lack of money. As things stand, A-Rod owns only 7% of the Timberwolves while Lore has 13% of the Timberwolves shares.

ADVERTISEMENT

Watch This Story: From Alex Rodriguez To Derek Jeter: Here Are The Top 5 Richest MLB Players of All Time

Do you think Alex Rodriguez will continue to be a part owner of the Timberwolves in the future?

ADVERTISEMENT

ADVERTISEMENT

Share this with a friend:

Link Copied!

ADVERTISEMENT

Written by

author-image

Abhishek Kumar

1,353 Articles

Abhishek Kumar is a Newsroom Editor at EssentiallySports with over three years of editorial experience across multiple sports. He joined as a Yankees beat reporter during the 2022 MLB season before quickly rising to lead editorial and content strategy for the MLB division. His deep knowledge of baseball, combined with expertise across the NFL, NBA, Tennis, and Soccer, has shaped him into one of ES’s versatile newsroom leaders.

Know more

Edited by

editor-image

Rupak Kumar Jha

ADVERTISEMENT