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Glen Taylor cedes ownership of Timberwolves and Lynx

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Taylor is ending that battle. Lore and Rodriguez will become controlling owners after Taylor decided he will not appeal a 2-1 February arbitration ruling against him.
From Star Tribune
Marc Lore and Alex Rodriguez have an agreement in place with Glen Taylor for the transfer of ownership of the NBA’s Minnesota Timberwolves and WNBA’s Lynx, a team source confirmed Wednesday.
From The New York Times
The sale price of $1.5 billion is a bargain compared to what NBA franchises have sold for since Taylor first reached an agreement with Lore and Rodriguez in 2021.
From Bleacher Report

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