Dang. This is not welcome news for the Jazz. Bloomberg joins TWolves ownership
group that is purchasing the team outright from the current majority owner. We were hoping for maximum financial problems to improve the draft picks they owe the Jazz.
Former NYC Mayor Michael Bloomberg -- one of the richest people in the world -- has agreed to join the Marc Lore and Alex Rodriguez ownership group to buy the Minnesota Timberwolves/Lynx, sources tell me and @JonKrawczynski.