welcome
ABC News

ABC News

Sports

Sports

Timberwolves sale to Alex Rodriguez and Marc Lore will go forward, AP source says

ABC News
Summary
Nutrition label

79% Informative

Current owner Glen Taylor opted not to appeal an arbitration panel’s ruling that he must go forward with the $1.5 billion sale.

All that appears to be left is final approval by the NBA 's board of governors, which is the last step before any sale of a team can be completed.

Taylor bought the Timberwolves for $88 million in 1994 to prevent the franchise from moving to New Orleans .