After years of effort, Alex Rodriguez and Marc Lore are on the verge of completing their acquisition of the Minnesota Timberwolves. This follows Glen Taylor’s decision not to appeal an arbitration panel’s ruling,

With Glenn Taylor choosing not to appeal the arbitration panel’s ruling, Rodriguez and Lore's acquisition of the Timberwolves has advanced further. Taylor's decision was a crucial factor; he had previously wavered on selling the franchise,

Minnesota Timberwolves and Lynx owner Glen Taylor will not appeal an arbitration ruling that did not go in his favor, a person with knowledge of Taylor’s decision confirmed to USA TODAY Sports. The person requested anonymity because they were not authorized to speak publicly about Taylor's plans.

Timberwolves owner Glen Taylor has greenlit the ownership transfer of the team. FOX 9's Babs Santos has the latest.

The yearslong quest by Marc Lore and Alex Rodriguez to acquire control of the Minnesota Timberwolves seems to finally be in the home stretch, after current owner Glen Taylor opted not to appeal an arbitration panel’s ruling that he must go forward with the $1.

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.