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

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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 .