A panel of arbitrators has sided with Alex Rodriguez and Marc Lore over Glen Taylor in the battle over the sale of the Minnesota Timberwolves and Lynx.
A vote on the sale of the team now heads to the other NBA owners. Will they approve it over the objection of the current owner, Glen Taylor?
A group led by entrepreneur Marc Lore and retired baseball star Alex Rodriguez had gone to battle with current owner Glen Taylor in arbitration.
The ownership transfer of the Minnesota Timberwolves must continue as originally planned, putting Alex Rodriguez and Marc Lore on track to be the team's majority owners.
The ownership transfer of the Minnesota Timberwolves must continue as originally planned, after a three-person arbitration panel ruled 2-1 that controlling owner Glen Taylor must cede control of the NBA club to partners Marc Lore and Alex Rodriguez in the disputed final phase of the $1.
"Marc Lore and Alex Rodriguez today announced that the arbitration in the Minnesota Timberwolves and Lynx owner
After arbitration panel ruled in favor of Alex Rodriguez and Marc Lore, focus can shift to closing one of the smartest transactions in league history
Alex Rodriguez’s basketball prowess continues to grow. The former Yankee, who is on the verge of becoming a majority owner of the Minnesota Timberwolves —as well as the Lynx of the WNBA — was at Bucknell’s home win over Army on Sunday and hit a half-court at halftime to win a Bucknell student $10,
An arbitration ruling on Monday paves the way for former Walmart CEO Mark Lore and retired baseball star Alex Rodriguez to take over ownership of the team.
Marc Lore and Alex Rodriguez are back on track to be the majority owners of the Minnesota Timberwolves and Lynx after a three-person arbitration panel ruled in their favor Monday that Glen Taylor was not within his rights to terminate the purchase agreement last spring.
Arbitrators ruled Alex Rodriguez and Marc Lore over Glen Taylor as the next majority ownership group of the Minnesota Timberwolves.