ESPN.com · Apr 23, 2024
Wolves ownership dispute set for mediation on May 1, sources say
Copy Link
Reactions
Like
34
Laugh
The Minnesota Timberwolves' ownership dispute between majority owner Glen Taylor and the Marc Lore and Alex Rodriguez group will advance to a mediation session on May 1 in Minneapolis, sources told ESPN on Monday.
Taylor ended what had been a three-year ownership succession plan in late March when he announced that Lore and Rodriguez had failed to meet deadlines on the sales conditions to assume majority ownership this spring.
Lore and Rodriguez are aggressively in dispute of Taylor's assertions and are pushing to restore the original agreement, which called for an automatic 90-day extension to obtain NBA approval and majority ownership.