Minnesota Timberwolves owner Glen Taylor has reportedly agreed to complete the sale of the franchise to an ownership group led by Marc Lore and Major League Baseball legend Alex Rodriguez.

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.

A process that began with a $1.5 billion agreement in 2021, finally moves on and now requires only NBA owners’ approval.