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Woj: Lore, Rodriguez to Exercise Option to Acquire Controlling Interest of Wolves, Lynx

Sitting court-side for the Minnesota Timberwolves game against the against the Dallas Mavericks on Thursday night could be a little sweeter for minority partners Marc Lore and Alex Rodriguez.

According to ESPN’s Adrian Wojnarowski, the pair “are expected to exercise their option to acquire controlling interest” of the Timberwolves and Minnesota Lynx from Glen Taylor, the governor of both teams, ahead of their December 31 deadline to exercise the option.

Woj reported that the move could happen as early Thursday, and added, “The action formalizes intent to purchase additional 40% of franchise from Taylor and give Lore and Rodriguez 80% of teams and the majority ownership by early 2024.