Mark Cuban Breaks Silence About Mavericks Trading Away Luka Doncic to LakersAccording to ESPN's Shams Charania, arbitrators have ruled Marc Lore and Alex Rodriguez over Glen Taylor as the next majority ownership group of the Timberwolves.

The ownership transfer of the Minnesota Timberwolves must continue as originally planned. An arbitration panel has ruled that controlling owner Glen Taylor must cede control of the NBA club to partners Marc Lore and Alex Rodriguez in the disputed final phase of the sale.

Minnesota's Glen Taylor claimed back in March that the team was 'no longer for sale' after a 90-day window to close the deal expired.

Former MLB star Alex Rodriguez and Marc Lore now await a vote from the NBA's board of governors to become the Timberwolves majority owners.

The ownership transfer of the Minnesota Timberwolves must continue as planned, after an arbitration panel ruled Monday that controlling owner Glen Taylor must cede control of the club to partners Marc Lore and Alex Rodriguez in the disputed final phase.

An arbitration panel on Monday ruled 2-1 in favor of Alex Rodriguez and Marc Lore in their quest for a controlling ownership stake of the NBA's Minnesota Timberwolves and the WNBA's Minnesota Lynx.

In the dispute between Glen Taylor and the group led by Marc Lore and Alex Rodriguez concerning the sale of the Minnesota Timberwolves, a three-member arbitration panel has ruled in favor of Rodriguez and Lore.