If Alex Rodriguez needed cash -- he's now got it in spades -- 'cause the baseball legend struck a deal with Michael Bloomberg, one of the richest people in the world, who has now joined A-Rod's Timberwolves ownership group ... as the men intend to buy an 80% stake in the team.
The Athletic broke the news on Thursday (and TMZ Sports has since confirmed), revealing the 82-year-old billionaire and former NYC mayor has agreed to link up with Rodriguez and his business partner, Marc Lore, in their quest to acquire the remaining 60% of the T-Wolves organization.