The Minnesota Timberwolves will have new owners.
According to ESPN’s Shams Charania, arbitrators have ruled Marc Lore and Alex Rodriguez over Glen Taylor as the next majority ownership group of the Timberwolves.
Charania shared via X.
Just in: Arbitrators have ruled Marc Lore and Alex Rodriguez over Glen Taylor as the next majority ownership group of the Minnesota Timberwolves, Lore and Rodriguez told ESPN. The NBA’s Board of Governors now have to approve Lore and Rodriguez. pic.twitter.com/qpF3BW3J7B
— Shams Charania (@ShamsCharania) February 10, 2025
The two men shared a statement about their excitement to become the new major owners.
“We are extremely pleased with today’s decision,” the two men said in a statement. “We look forward to working with the NBA to complete the approval process and close this transaction so that we can turn our attention to winning championships in Minnesota for our incredible fans and the Twin Cities community.”
This story will be updated…
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