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    Alex Rodriguez and Partner Reach Deal on Timberwolves and Lynx

    The agreement, which is pending league approval, lets Glen Taylor run the teams for two more years. Taylor believes the teams will stay in Minnesota.The baseball star Alex Rodriguez and his business partner Marc Lore have reached terms on a deal to purchase the N.B.A.’s Minnesota Timberwolves and the W.N.B.A.’s Minnesota Lynx for $1.5 billion.Glen Taylor, the lifelong Minnesotan who moved from a career in politics to become the owner of both franchises, announced on Friday that the sides have agreed to terms just a few days beyond the 30-day exclusive negotiating window they entered on April 10. The sale requires approval from the N.B.A.’s Board of Governors to formally begin “the transition of ownership and a new chapter,” Taylor said in a statement.As part of what has been billed as a 50/50 partnership with Lore, Rodriguez will bring a newfound level of star power to the Timberwolves, something they’ve lacked in any measure since trading Kevin Garnett to the Boston Celtics in July 2007. The team badly needs leadership that can make a true impact on the court with its stewardship, spending and commitment; Minnesota is 22-48 this season and has reached the playoffs only once in Taylor’s last 17 years of ownership.The Minnesota Timberwolves have performed poorly this season but the team has several talented players. Harrison Barden/Getty ImagesTaylor, who turned 80 last month, has engaged in negotiations to sell the team numerous times in recent years, only to repeatedly balk. He openly advertised a desire to sell in July 2020 and, in Rodriguez and Lore, Taylor appears to have found buyers who were not only willing to meet his purchase price but also grant his well-known wish for a slow exit from his post. The untraditional deal terms call for Taylor to serve as controlling owner for two more seasons, with Rodriguez and Lore assuming operational control entering the 2023-24 season.Rodriguez, the former Yankee and three-time winner of the American League Most Valuable Player Award, and Lore, an e-commerce mogul who left his full-time position with Walmart in January, headed a group that made a serious run at purchasing the Mets and also featured Rodriguez’s former fiancée, Jennifer Lopez. They withdrew from that process in August 2020 as the Mets closed in on selling the franchise to the billionaire hedge fund manager Steven Cohen for $2.4 billion.If the sale is approved at league level, as expected, Minnesota would become the second N.B.A. team to be sold this season. Gail Miller, whose family owned the Utah Jazz for 35 years, sold a majority stake in the team to the tech entrepreneur Ryan Smith in October for nearly $1.7 billion, with league approval following in December.Neither Rodriguez nor Lore has yet to speak in depth about their plans for the teams, but speculation about a move to Seattle is certain to swirl given that Rodriguez began his Major League Baseball career there — and since Seattle has been actively seeking a new N.B.A. team to fill a void created by the SuperSonics’ move to Oklahoma City in 2008.Taylor, who served as a Republican senator in Minnesota from 1981 through 1990, purchased the Timberwolves in 1994, ensuring that the franchise stayed in Minneapolis amid a serious threat of relocation to New Orleans. He said in an interview with the Minneapolis Star-Tribune last month that Rodriguez and Lore have pledged to keep the Wolves and Lynx in Minnesota.Marc Lore built his fortune with websites like Diapers.com and Jet.com. He recently left a post a Walmart.Cole Wilson for The New York TimesMinnesota has declined sharply since a trip to the playoffs in 2017-18, with the star guard Jimmy Butler (now in Miami) traded to Philadelphia soon after that breakthrough and Coach Tom Thibodeau (now coaching the Knicks) subsequently fired. But Rodriguez and Lore will not inherit a barren roster.The Timberwolves have two No. 1 overall draft picks in Karl-Anthony Towns and Anthony Edwards, as well as a former No. 2 overall draft pick in D’Angelo Russell. Their immediate challenge is securing a favorable outcome in the next N.B.A. draft lottery, as Minnesota, which entered Friday’s play in a tie with Cleveland for the league’s fifth-worst record, loses its top pick in the July 29 draft to Golden State unless it lands in the top three as part of its trade with the Warriors for Russell in February 2020.Rodriguez, 45, is a prominent baseball analyst for ESPN in addition to his various business pursuits. He hit 696 home runs in a 22-season career with the Seattle Mariners, the Texas Rangers and the Yankees — winning a World Series ring with the Yankees in 2009 — but also faced heavy criticism and served a yearlong suspension in 2014 for his admitted use of performance-enhancing drugs. Lore, 49, served as the chief executive of U.S. e-commerce for Walmart after founding major e-commerce firms such as Diapers.com and Jet.com. More

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    When the Coronavirus Shut Down Sports

    This article is by Alan Blinder and Joe Drape. Additional reporting by Gillian R. Brassil, Karen Crouse, Kevin Draper, Andrew Keh, Jeré Longman, Juliet Macur, Carol Schram, Ben Shpigel, Marc Stein and David Waldstein. Illustrations by Madison Ketcham. Produced by Michael Beswetherick and Jonathan Ellis.

    This article is by

    Alan Blinder

    Joe Drape

    Gillian R. Brassil

    Karen Crouse

    Kevin Draper

    Andrew Keh

    Jeré Longman

    Juliet Macur

    Carol Schram

    Ben Shpigel

    Marc Stein

    David Waldstein

    Madison Ketcham

    Michael Beswetherick

    Jonathan Ellis More

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    New York Sports Entering a Promising Era

    #masthead-section-label, #masthead-bar-one { display: none }The NBA SeasonVirus Hotspots in the N.B.A.The Friendship of LeBron and Anthony DavisThe N.B.A. Wanted HerMissing Klay ThompsonKobe the #GirlDadAdvertisementContinue reading the main storySupported byContinue reading the main storyOn New York SportsThat Strange Feeling Going Around New York Is OptimismAfter two decades of frustration and incompetence broken up by an occasional championship (thanks, Giants), the region’s sports teams all appear headed in the right direction.Kevin Durant, James Harden and Kyrie Irving have the Nets poised to be true championship contenders for the first time since Jason Kidd was playing for the team.Credit…Jason Miller/Getty ImagesFeb. 23, 2021Updated 9:08 a.m. ETIt was a rough couple of decades for sports in New York, and not just because of the incessant losing. The last 20 years was an era of general ineptitude marked by a butt fumble, a Ponzi scheme, failed coaches, disgraced executives, a team hero getting dragged out of the arena by security and losing seasons stacking up like rotting garbage bags in the snow.To be a New York sports fan through all of that was a mental and emotional test of endurance just to remain loyal during perhaps the worst two-decade stretch for sports in the region.The dozen or so teams in the country’s biggest market, with all their resources and expectations, competed for a possible 223 championships over that period in six different leagues, but won only four titles, or 1.8 percent. Boston, a much smaller city, won 12 out of a possible 99 and one team in a an even tinier market — the San Antonio Spurs — won just as many as all the New York teams combined, despite having only 20 chances.But maybe, just maybe, the collective suffering is coming to a merciful end. You might have to look deep in a couple of cases, but for the first time in years, all the arrows seem to be pointing up.“We are on the cusp of maybe a good 10-year run where all the teams are in contention in their respective sport,” said Boomer Esiason, the Long Island-bred former N.F.L. M.V.P. who, as the host of the drive-time morning show on WFAN radio, has the pulse of the fans. “It’s really a fascinating time in New York sports.”Of course, it could all go sideways in the blink of a stupid trade or a shredded elbow, especially with articles like this one to jinx it. For now, optimism reigns as fans are allowed back in arenas and stadiums in limited numbers, and the following words can be typed in succession for the first time in ages: The Nets are stacked, the Mets are poised, the Giants seem to be building something real, the Jets have a bushel of draft picks and a commanding new coach. And the Knicks — the Knicks! — actually seem to know what they are doing.OK, we know you are skeptical. Twenty years of sports PTSD will do that. But here is a closer look at how the various New York teams are faring.Julius Randle, center, has received All-Star buzz but the team has several other promising young players like Immanuel Quickley and RJ Barrett.Credit…Jason Decrow/USA Today Sports, via ReutersThe Nets are contenders. The Knicks are competent!The most astonishing turnaround in the metropolitan region at the moment belongs to the Knicks.People under the age of 30 may not remember, but there was a time when the Knicks owned New York, even more than the Yankees. When they played the Chicago Bulls, the Indiana Pacers or the Miami Heat in the playoffs in the 1990s, the city went on pause. That changed, coincidentally or not, around the same time James Dolan took ownership of the team and the Knicks only made the playoffs (barely) five times over 20 seasons.But the future for the Knicks shimmers a little brighter now with a combination of exciting young players, a highly respected head coach in Tom Thibodeau and a sensible executive with a vision in charge of it all (Leon Rose, that is, not Dolan).Immanuel Quickley and Obi Toppin are impressing in their first few months in the league. RJ Barrett, a former No. 3 over all pick, is only a year ahead of them on the development scale. And Julius Randle, a rare free agent success for the team, has broken out to become a star. With everyone committing to Thibodeau’s defensive mandate, the Knicks are floating close to .500 for the first time in eight years and are actually watchable again.“One hundred percent they are headed in the right direction,” said Isiah Thomas, the Hall of Fame point guard, N.B.A. analyst and former Knicks coach and executive. “Under Leon Rose and Thibodeau, what they have established with his defensive mentality is already paying dividends.”Sabrina Ionescu didn’t get much of a rookie season because of an injury, but she is expected to lead the Liberty into a promising new era.Credit…Phelan M. Ebenhack/Associated PressWhile the Knicks are building organically, the Nets took the just-add-water approach with a powerful mix of three superstars — Kevin Durant, James Harden and Kyrie Irving. The Nets, fresh off a five-game sweep on the West Coast, are the No. 2 team in the Eastern Conference behind the Philadelphia 76ers and are title contenders for the first time since the Jason Kidd (playing) era.The Liberty have been quietly atrocious the last three years, but in 2020 they selected the incomparable point guard Sabrina Ionescu with the No. 1 over all pick in the W.N.B.A. draft. She played in only three games her rookie season because of an ankle injury, but is expected to help transform the team. Adding Natasha Howard, an All-Star who has won multiple championships, can’t hurt.Oh, and St. John’s men’s team is playing tough defense, too, and is over .500.Taken as a whole, Thomas said, “It’s very positive for basketball in New York right now.”Shortstop Francisco Lindor is expected to solidify the Mets’ defense while providing a middle-of-the-order bat.Credit…Gene J. Puskar/Associated PressD.J. LeMahieu and Luke Voit are two of the many bright spots for a loaded Yankees offense.Credit…Mike Stobe/Getty ImagesThe Mets have a savior. The Yankees are the Yankees.It is impossible to look past the Mets repeatedly hiring men accused of harassment, but the actual team on the field should be in for an exciting summer. Many of those fans waited years for an owner like Steven Cohen to take the team from the Wilpons and start spreading his billions around like a wiseguy at a craps game, but their best off-season move was a trade for Francisco Lindor, a transformational player. For now, fans and players alike believe Cohen will deliver a winner to Flushing. Luis Rojas, the Mets manager said the players’ optimism was palpable on the first day of spring training.“You feel the energy from the guys as far as talking about the passion that our new owners has shown in the off-season,” Rojas said.As for the Yankees, let’s cut them some slack for only winning one World Series since 2000. Ordinarily, that would be an abject failure, but compared to the other slouches in town, at least they actually grabbed one. For sheer consistency of effort over that time, the Yankees stood alone in the region.Coach Joe Judge appears to have changed the tone for the Giants.Credit…Adam Hunger/Associated PressCoach Robert Saleh is expected to bring intensity to the Jets’ sideline.Credit…Doug Benc/Associated PressIn new coaches, the New York football teams trust.Look, we know the last five years or so of football in New Jersey has been excruciating for the fans. But …“There is no question that both franchises are on the upswing,” said Esiason, who is also an N.F.L. analyst for CBS. “Both Giants and Jets fans feel there is an optimism surrounding the team, for different reasons.”Finding something positive about the Jets is really an undertaking for a historian. Actually, a geologist — what does the carbon dating reveal about their only trophy? Paleolithic period? Jurassic? After all, the Jets (2-14 last season) can’t even lose properly. By winning a second game, they missed out on a generational No. 1 draft pick. Trevor Lawrence almost certainly won’t be a Jet, but the No. 2 pick is better than, say, the No. 3 pick, and they have many more picks in the holster, too.“I would love to see Joe Douglas’s white board,” Esiason, who played for the Jets, said about the team’s shockingly competent general manager. “They’ve got tons of options.”They also have a new coach, Robert Saleh, whom people already love before he has run a practice. The Jets clearly took note of the success of their fellow Jersey swamp residents’ new tough-guy coach, and hired one of their own.Much of the hope surrounding the Giants emanates from that coach. Joe Judge changed the culture in his first year and led the G-men to six wins, which in the awful N.F.C. East made them a playoff contender.Plus, with two Super Bowl titles in the last 14 years, the Giants get the city’s only hall pass in this accounting.Alexis Lafreniere, center, is one of the many bright spots for a team that began a total rebuild a few years ago.Credit…Nick Wass/Associated PressHockey built itself back from the ground up.Esiason is also passionate hockey fan, and he pointed to a key moment in recent Rangers history that he sees as the catalyst for the entire region’s turnaround. In February 2018, the Rangers decided they were going to tear down the roster and rebuild, and sent a letter to season ticket holders advising them to say goodbye to their beloved older stars.“That has never been accepted in New York, for any team,” Esiason said. “It kind of set things in motion.”Now the Rangers are loaded with promising young players, like Alexis Lafreniere, last year’s No. 1 pick, Kaapo Kakko, the No. 2 pick in 2019, Adam Fox and goalie Igor Shesterkin, just to name a few.The Devils have also been plucking No. 1 picks, with Nico Hischier, who was just named captain last week, in 2017 and Jack Hughes in 2019, plus a deep pool of other intriguing prospects. Fans seem to appreciate where they are headed (and yes, they also get credit for capturing the region’s other title way back in 2003).Meanwhile Islanders fans are feeling good that Lou Lamoriello is the president of a team that made the conference finals last year.“Lou Lamoriello has basically resuscitated that moribund franchise,” said Esiason, whose son-in-law, Matt Martin, is a forward on the team, “and they have a new arena being built over in Elmont — who would have thought that would ever happen? Now, suddenly, they are one of the top teams in the N.H.L.”It’s all there. Maybe.Add it all up, from the Bronx to New Jersey — the Red Bulls are bound to win an M.L.S. Cup eventually, right? — and maybe the region really is headed for something better than four championships in the next 20 years.“New York is the greatest city in the world and it really needs some positive energy,” said Alex Rodriguez, the ESPN analyst who was part of the last Yankees championship in 2009. “Things are looking up. I think sports is ready to bring a lot of joy and hope for the folks of New York.”AdvertisementContinue reading the main story More