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Minnesota Timberwolves owner Glen Taylor is no longer selling his controlling stake in the franchise to minority owners Marc Lore and Alex Rodriguez, he announced Thursday.
Taylor alleges Lore and Rodriguez failed to meet certain contractual deadlines and obligations of the sale process, which began in 2021. Sources told ESPN that the relationship between Taylor and his successors -- Lore and Rodriguez -- disintegrated over the past two years.
Minnesota (50-22) is having its best season in years, and is just a half game out of first place in the Western Conference.