Arbitration to Decide Timberwolves and Lynx Ownership Dispute

Glen Taylor and Marc Lore with Alex Rodriguez face off in arbitration over control of the Minnesota teams.

An arbitration panel will determine whether Glen Taylor or Marc Lore and Alex Rodriguez hold majority ownership of the Timberwolves and Lynx.
The dispute arises from a missed deadline in a tiered purchase agreement, with Taylor claiming Lore and Rodriguez failed to secure funding in time.
Lore and Rodriguez argue they met the conditions for an extension and have secured financial backing, including from Michael Bloomberg.
The arbitration process is confidential and binding, with a decision expected by December, but NBA approval is still required for ownership changes.
The outcome could impact the teams' management and financial strategies, including the position of team president Tim Connelly.