The Timberwolves are set to have new owners — for real, this time. A three-person arbitration panel ruled in favor of Marc Lore and former Yankees star Alex Rodriguez allowing the sale proce…
A three-person arbitration panel ruled in favor of Marc Lore and former Yankees star Alex Rodriguez allowing the sale process to move forward with the next hurdle now being approval by the NBA ’s Board of Governors.
“We are extremely pleased with today’s decision. 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,” Lore and Rodriguez said in a statement released short after the ruling was handed down.
Once the pair take over controlling interest of the T-Wolves, Lore will serve as the team governor and work with A-Rod on making decisions related to the organization.
Sports Alex Rodriguez Marc Lore Minnesota Timberwolves
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