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Marc Lore, Alex Rodriguez 'honored' to officially join Timberwolves, Lynx ownership group

Marc Lore and Alex Rodriguez have not said much publicly since they entered into an agreement with Glen Taylor to become controlling owners of the Timberwolves and Lynx.

But after getting NBA approval this week for their initial 20% buy in for the franchise, Lore and Rodriguez released statements on social media now that they are officially part of the ownership group.

"We are honored to officially join Glen Taylor and the ownership group of the Minnesota Timberwolves and Lynx," Lore and Rodriguez said in a joint statement. "In this next chapter, we look forward to working with the organization, getting to know the players and devoted fans, and actively engaging in the community.