Part 2/9:
A-Rod partnered with Mark Lori in a deal to purchase the Timberwolves from current owner Glenn Taylor for a staggering $1.5 billion. The structuring of the deal was complex, utilizing a step transaction approach where payments would occur in stages, a method often frowned upon for its inherent difficulties. However, complications arose when Glen Taylor declared that A-Rod and Lori had violated the terms of their agreement, which led to the arbitration that would ultimately determine their fate as prospective owners.