Former Major Leaguer Alex Rodriguez and billionaire Marc Lore are finalizing a deal to purchase the Minnesota Timberwolves from majority owner Glen Taylor, sources tell ESPN. Taylor will continue full control of team for two years before Rodriguez and Lore take over in 2023.
Alex Rodriguez and close friend Marc Lore are finalizing a deal with Glen Taylor to be the next owners of the Minnesota Timberwolves, per
@wojespn 
Alex Rodriguez and billionaire Marc Lore are finalizing a deal to purchase the Minnesota Timberwolves from majority owner Glen Taylor, sources tell
@wojespn.
Taylor will continue with full control of the team for two years before Rodriguez and Lore take over in 2023.
https://t.co/0aE4yGFKPB3-time MLB MVP Alex Rodriguez and close friend Marc Lore have signed a letter of intent and are negotiating with Glen Taylor to become the next owners of the Minnesota Timberwolves, sources tell
@TheAthleticStatement from ARod and Lore: “We look forward to entering this phase of the process with Glen Taylor. Our respect for him and the legacy he has built lays an amazing foundation for what is to come. We are excited by the prospect of getting to know the Timberwolves organization..
https://t.co/40Nq1iOTqdGlen Taylor tells
@TheAthletic that the negotiations have all been conducted with the idea that Rodriguez and Lore will keep the team in Minnesota.
Alex Rodriguez and partner Marc Lore are nearing minority stakes with the Minnesota Timberwolves, with plan to take control of the franchise in two years under mentorship of Glen Taylor. Statement from A-Rod and Lore:

Glen Taylor: “Before I sign this, look me in the eye and tell me you won’t move the team”
JUST IN:
@AROD & Marc Lore, who, for five years was president of Walmart’s e-commerce division, have entered exclusive negotiations to buy the Minnesota Timberwolves from Glen Taylor.
glen taylor was having literally the worst time as wolves owner for YEARS and i find it hilarious that a billionaire bought a franchise for fun like a toy and it turned on him
All jokes aside for a second...
Glen Taylor turns 80 this April. His family wants nothing to do with owning the team(s).
I totally understand and respect the fear of relocation, but I personally think (for whatever it’s worth) that today is GOOD news for the state of Minnesota.
Front Office Sports
@FOSNews: Alex Rodriguez and Marc Lore have entered exclusive negotiations to buy the Minnesota Timberwolves from Glen Taylor, per
@darrenrovell.
Lore, who sold his startup
https://t.co/b8g814eElw to Walmart for $3 billion, was part of Rodriguez's group that bid on the Mets.
https://t.co/m0teUFQSSTGlen Taylor: “I’ll only sell to someone who will keep the #Timberwolves in Minnesota.
Alex Rodriguez & Marc Lore: “We’d never dream of moving this franchise”
https://t.co/EjkKE10NWCLmfaoooo Glen Taylor SHOULD’VE sold the team to KG if he wanted to keep them in Minnesota like he promised he would. All that sounds cool but they’re gone
https://t.co/4oJEZC0wBRAlex Rodriguez and Marc Lore signed a letter of intent to buy the #Timberwolves and keep the NBA franchise in Minnesota, owner Glen Taylor said.
Details ⬇️
https://t.co/m6d3kcbD2OGlen Taylor loves Minnesota so much he’s selling his basketball team to the athlete Minnesotans dislike most.
I’m sure this will end well.
Former baseball star Alex Rodriguez and e-commerce mogul Marc Lore signed a letter of intent Saturday to buy the Minnesota Timberwolves and Lynx, owner Glen Taylor said. The agreement opens a 30-day window for negotiations to be finalized
https://t.co/DJYtpgu3RgAndrew Wiggins A Rod & Marc Lore
🤝
Lying to Glen Taylor
@DWolfsonKSTP with the sale finally becoming a reality do you think outside perceptions of the franchise will change. Xhance KG becomes involved with the team again?
Please let Glen Taylor that it is appreciated that he's so ardent in his mission to keep the Twolves/Lynx in MN
All The Balls: Alex Rodriguez in line to become an owner of the Minnesota Timberwolves by
@bradberreman24 @bradberreman24 on Glen Taylor">https://t.co/Vs9MXXaIz3
So Glen Taylor wouldn’t sell the at wolves to KG and partners but he is a bit to sell them to Arod steroid using ass and his partners he about to move they asses to Seattle
Wowwwww so Glen Taylor wouldn’t sell the T’Wolves to KG but sold it to fuckin A-Rod 😐😐
@kylaer_ Yeah, and they're totally dissing their greatest player in franchise history by not giving him a chance at ownership, instead selling to a guy who has no ties to Minnesota or the NBA. Glen Taylor can suck it
@wojespn So Glen Taylor is paying them $1.5 Billion to take the pathetic Timberwolves of his hands?
Sounds about right!