After nearly 30 years, the Minnesota Timberwolves are reportedly set to be under new majority ownership.
Entrepreneur Marc Lore and former All-Star MLB infielder Alex Rodriguez will take full control of the Timberwolves and the WNBA's Minnesota Lynx "as soon as Thursday," according to a Thursday afternoon report from ESPN's Adrian Wojnarowski.
Lore, 52, and Rodriguez, 48, gradually began their takeover in the spring of 2021. The duo previously purchased 40% of the franchises for $600 million.