PRESIDENT Joe Biden spoke with China's Xi Jinping for the first time since taking office and pressed concerns about human rights and security. The two…
Alex Rodriguez is quickly learning what NOT to do as an NBA owner — the Yankees legend’s Minnesota Timberwolves were just punished over a team gathering he hosted during the offseason.
On Monday, the T-Wolves were fined $250,000 for holding a team event in Miami in September, according to ESPN’s Adrian Wojnarowski.
According to a report from Page Six, A-Rod got together with his business partner Marc Lore and invited the team down for a weeklong gathering … featuring practices and a little fun in the sun.
The report goes on to say that every player attended A-Rod’s event … and the team bonding went so well, Alex and Marc were thinking about making the Miami trip an annual thing.
The only problem — the whole bash was NOT allowed … ’cause under current NBA rules, teams are not allowed to organize or pay for offseason practice … and they’re also not allowed to conduct workout sessions outside of their market.
Sounds like A-Rod and co. will have to come up with some other team-building idea … but we’re sure the guy will figure it out soon enough.
Rodriguez became a part-owner of the T-Wolves back in July … and the team is estimated to be valued at $1.4 billion. So, losing a quarter milli isn’t too brutal of a blow, but it’s safe to say Miami trip 2K22 ain’t happening.
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