Arbitration ruling in Wolves ownership dispute 'could still take a …

3 days ago · Arbitration hearings in the dispute over ownership of the Minnesota Timberwolves (and Lynx) concluded last week, but it "could still take a few months" before the three-person panel makes a ruling ...

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Reports: A-Rod, Marc Lore Put $940M In Escrow In Move To Buy …

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Oct 23, 2024 · The dispute is going to arbitration hearings on Nov. 4. They added limited partners including billionaire businessman Michael Bloomberg to the prospective ownership group, …

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After Failed Mediation, Timberwolves, Lynx Ownership Dispute …

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May 2, 2024 · The Timberwolves and Lynx are valued at a combined $2.5 billion. The arbitration panel could rule in Taylor’s favor, determining he was allowed to say the team was no longer …

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FAQs about Arbitration ruling in Wolves ownership dispute 'could still take a … Coupon?

How long will the Minnesota Timberwolves vs Lynx arbitration take?

Bruce Kluckhohn-Imagn Images Arbitration hearings in the dispute over ownership of the Minnesota Timberwolves (and Lynx) concluded last week, but it "could still take a few months" before the three-person panel makes a ruling, according to The Athletic's Jon Krawczynski. ...

How long will the Minnesota Timberwolves dispute take?

Arbitration hearings in the dispute over ownership of the Minnesota Timberwolves (and Lynx) concluded last week, but it "could still take a few months" before the three-person panel makes a ruling, according to The Athletic's Jon Krawczynski. "So don’t expect anything anytime soon," he said. ...

What if lore & Rodriguez win the arbitration battle?

If Lore and Rodriguez win the arbitration battle, they still would have to complete the NBA's approval process, but a decision in their favor would likely expedite the ownership transfer process. Since Taylor agreed to the deal in 2021, the teams' collective value has reportedly risen 87% from $1.57 billion to $2.9 billion. ...

Can a purchase agreement be resolved by arbitration?

The purchase agreement calls for any dispute to be resolved by mediation or arbitration. The two sides did have a mediation session this summer, but it was quickly deemed to be unsuccessful. The arbitration process began with both ownership groups and team officials meeting with lawyers for depositions all summer long. ...

Will Minnesota Timberwolves & Lynx ownership dispute be resolved before WNBA season?

Fans hoping the ownership dispute for majority control of the Minnesota Timberwolves and Lynx would resolve before the conclusion of the current WNBA season and the start of the upcoming NBA season might be disappointed. ...

How will lore & Rodriguez's arbitration structure work?

Still the arbitration structure will be like a trial. Lawyers for Lore and Rodriguez will present evidence and witnesses who will then be cross-examined by Taylor’s lawyers. Then Taylor’s lawyers will do the same before the legal team for Lore and Rodriguez has a chance to cross-examine. ...