Tim
MacMahon: Mavs F Reggie Bullock (infection) is out
Lore and Rodriguez had until
the end of the day Saturday to tell majority owner Glen Taylor that
they had exercised the option, as
part of their initial agreement in 2021 to buy the groups in installments
hey will now have until March 15 to
close on the second 20 percent, bringing them to 40 percent ownership, said the sources,
who spoke on condition of
anonymity because they were not authorized to speak publicly about nonpublic business enterprises.
offers, he said. The next step
could be to buy 40 percent of the crew. Lore and Rodríguez have until
December 31, 2023 to exercise that
option. Four hours ago If Lore and Rodriguez miss the next two payments, Taylor has the right to
void the estate plan and keep
them as limited partners. Lore and Rodriguez have privately assured people inside the business, including
Taylor, that everything
is on track to wrap up, the sources said.
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