Alex Rodriguez and Billionaire Partner to Invest $20 Million in New Venture After SPAC Loss and Minnesota Timberwolves Issues
Former Major League Baseball star Alex Rodriguez and billionaire Marc Lore have announced a new venture that will invest $20 million in a variety of business opportunities. The two have been partners since 2019, when Lore purchased the Minnesota Timberwolves basketball team from Rodriguez. The new venture is a response to a recent loss in a special purpose acquisition company (SPAC) and the issues surrounding the Minnesota Timberwolves. In February, Rodriguez and Lore's SPAC, Vision Venture Partners, failed to acquire the video game company, Epic Games. This was a major