{"id":358531,"date":"2023-11-22T15:14:17","date_gmt":"2023-11-22T14:14:17","guid":{"rendered":"https:\/\/sportando.basketball\/?p=358531"},"modified":"2023-11-22T15:14:17","modified_gmt":"2023-11-22T14:14:17","slug":"carlyle-group-eyes-minority-stake-in-minnesota-timberwolves-purchase","status":"publish","type":"post","link":"https:\/\/sportando.basketball\/en\/carlyle-group-eyes-minority-stake-in-minnesota-timberwolves-purchase\/","title":{"rendered":"Carlyle Group Eyes Minority Stake in Minnesota Timberwolves Purchase"},"content":{"rendered":"<p>Working with the Carlyle Group, Marc Lore and Alex Rodriguez hope to add the American private equity firm as a minority stakeholder in the Minnesota Timberwolves.<\/p>\n<p>Lore and Rodriguez reached an agreement to purchase the Wolves at a $1.5 billion valuation through a tranched-out purchase in 2021. This includes a 20 percent initial investment that has since increased to 40 percent. By March of next year, an additional 40 stakes can be added.<\/p>\n<p>Carlyle&#8217;s estimated investment would be valued at approximately $2.3 billion.<\/p>\n<p>Glen Taylor will still own the remaining 20% of the shares, but Rodriguez and Lore also have a future option on that portion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Working with the Carlyle Group, Marc Lore and Alex Rodriguez hope to add the American private equity firm as a minority stakeholder in the Minnesota Timberwolves<\/p>\n","protected":false},"author":146,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_spbk_hide_featured":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[399],"tags":[],"rumors":[],"typology":[],"posizionamento":[],"class_list":["post-358531","post","type-post","status-publish","format-standard","hentry","category-nba"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","digistream_id":0,"digistream":false,"_links":{"self":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts\/358531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/users\/146"}],"replies":[{"embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/comments?post=358531"}],"version-history":[{"count":0,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts\/358531\/revisions"}],"wp:attachment":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/media?parent=358531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/categories?post=358531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/tags?post=358531"},{"taxonomy":"rumors","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/rumors?post=358531"},{"taxonomy":"typology","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/typology?post=358531"},{"taxonomy":"posizionamento","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posizionamento?post=358531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}