Minnesota Timberwolves minority owner Alex Rodriguez wanted to do something nice for his players, but he wound up costing his organization $250,000, according to Adrian Wojnarowski of ESPN.
The Timberwolves were fined $250,000 by the NBA on Monday after the team held an offseason practice outside Minnesota. Under NBA rules, teams cannot organize or pay for offseason practice or workout sessions outside their market. The Timberwolves were fined for holding a team event in Miami in September.
How is Rodriguez involved? He hosted players at his house.
Timberwolves workouts were centered minority owner Alex Rodriguez’s house. Team had a dinner with Rodriguez and his minority ownership partner, Marc Lore, at Rodriguez’s house to end the week. Teams aren’t allowed to organize or pay for offseason group workouts outside market. https://t.co/pHTnNI95lQ
— Adrian Wojnarowski (@wojespn) November 15, 2021
Rodriguez and business partner Marc Lore reportedly brought the entire team down. Every Timberwolves player attended the event, according to Page Six. The weeklong gathering — which included practices — was meant to serve as a bonding activity before the start of the NBA season. Rodriguez allegedly had the team at his house for dinner.
The Timberwolves were reportedly thinking about making the Miami trip an annual event, per Page Six, but may have to alter those plans now.
The Timberwolves are valued at $1.4 billion, so the $250,000 fine is a drop in the hat for the organization. Rodriguez could cover the fine himself and not even notice. He made nearly $530 million alone in his contracts with the Texas Rangers and New York Yankees.
Source: Yahoo Sports