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Wolves reach agreement to sell team to Alex Rodriguez and Marc Lore

The deal, which includes the sale of the WNBA's Minnesota Lynx, still needs league approval.

Official release

A general view of the Target Center before a Timberwolves game this season.

MINNEAPOLIS/ST.PAUL — The following is a statement from the Minnesota Timberwolves and Lynx regarding the sale and future ownership of the Minnesota Timberwolves and Lynx:

“Glen Taylor has reached an agreement with Marc Lore and Alex Rodriguez regarding the sale and future ownership of the Timberwolves and Lynx. The transaction will close following league approval, beginning the transition of ownership and a new chapter of Minnesota Timberwolves and Lynx basketball.”

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