In 1994, Glen Taylor paid $88 million for the Minnesota Timberwolves; 31 years later, Marc Lore and Alex Rodriguez closed a $1.5 billion purchase of the team Nov 7, 2026 @ 8:35amBasketball > Minnesota Timberwolves > Minnesota Lynx > NBA > WNBAAthlon SportsGlen Taylor turned his original investment into a billion-dollar Timberwolves sale. Read moreIn 1994, Glen Taylor paid $88 million for the Minnesota Timberwolves; 31 years later, Marc Lore and Alex Rodriguez closed a $1.5 billion purchase of the team