Rodriguez, Lore Secure Final Backing for Timberwolves Acquisition

Pending NBA approval, the duo will officially take majority ownership, marking a new era for the franchise.

Alex Rodriguez and Marc Lore have secured the necessary financial backing from Dyal Capital Partners to complete their acquisition of the Minnesota Timberwolves and Lynx.
The duo faced a setback when the Carlyle Group withdrew its financial support, but quickly found a new backer.
The NBA's approval is the final step needed for Rodriguez and Lore to officially become the majority owners.
This acquisition marks a significant step towards revitalizing the Timberwolves, with the team currently enjoying its best season in two decades.
Concerns linger over Rodriguez's postseason performance history as the Timberwolves aim for playoff success.