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Gersson Rosas out as Minnesota Timberwolves' president of basketball operations

Gersson Rosas is out as the Minnesota Timberwolves' president of basketball operations.

Team owner Glen Taylor made the announcement Wednesday in a two-sentence statement that revealed no direct explanation for the dismissal after just two seasons.

"As an organization, we remain committed to building a winning team that our fans and city can be proud of,'' said Taylor, who has begun the process of selling his majority stake in the club to e-commerce mogul Marc Lore and former baseball star Alex Rodriguez.

Sachin Gupta, the Timberwolves' executive vice president of basketball operations, will also assume "basketball operations oversight," Taylor said.