Glen Taylor, Marc Lore and Alex Rodriguez have agreed to resolve their dispute over ownership of the Minnesota Timberwolves, with Lore and Rodriguez set to take full ownership of the team, according to ESPN's Shams Charania.
Per Charania, Taylor will not appeal the Minnesota arbitration decision that ruled in favor of Lore and Rodriguez in February. Lore and Rodriguez will acquire 100% ownership of the Timberwolves and the WNBA's Minnesota Lynx for $1.5 billion, the price the two sides agreed on in 2021.
This breaking news story will be updated.
