Per Shooter:
Don’t print that
>> Pssst: Another deadline extension for Alex Rodriguez and Marc Lore to close the $1.5 billion sale of the Timberwolves and Lynx, initially set for last Dec. 31, has been granted by owner Glen Taylor. After several delays, the last deadline of Feb. 29 has been extended to March 27.
Awkwardly, Rodriguez and Lore still have not provided sought-after documents or even communicated with Taylor since January. But the buyers recently provided sale information to the NBA, which of last week hadn’t had time to review it.
If Rodriguez and Lore, who appears to be the lead investor, don’t comply by the coming deadline, the sale agreement could be canceled. If the sale is canceled, Taylor and his limited partners would get to keep payments totaling about $600 million that have already been secured.
Meanwhile, a little birdie says Eric Schmidt, the former CEO of Google, has invested 3.5% in the sale with Rodriguez and Lore. Hall of Fame former Timberwolf Kevin Garnett has been approached by Rodriguez and Lore to be part of the new operation, but there’s no official agreement.
The way it looks now, the Vikings won’t be the highest free agency bidder for quarterback Kirk Cousins.
www.twincities.com
Howl Wolves!!