What was the total amount A Rod and Laurie agreed to pay for the Timberwolves?
Did Alex Rodriguez Get a Good Deal on the Timberwolves?
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The transcript discusses the acquisition of the NBA Minnesota Timberwolves by Alex Rodriguez and Mark Lurie. Initially, they bought 20% of the team, with plans to increase their stake to 80% by March 2024. The deal is compared to the Milwaukee Bucks' valuation, suggesting that Rodriguez and Lurie made a favorable purchase. The Timberwolves' value is estimated to be higher than the purchase price, indicating a potentially lucrative investment.
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OPEN ENDED QUESTION
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2.
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By what date do A Rod and Laurie plan to buy at least another 40% of the Timberwolves?
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