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Alex Rodrigues, Glen Taylor reach agreement, sale of Wolves and Lynx nears finish line

Glen Taylor has been close a few times to selling his stake of the Timberwolves, but no deal has crossed the finish line.

That appears to be changing.

Taylor, 80, has an agreement for the $1.5 billion sale of the Wolves and Lynx to former baseball star Alex Rodriguez and tech entrepreneur Marc Lore, a source confirmed.

The sides previously agreed to a 30-day exclusive negotiating window last month, but talks between the sides never ceased when that window expired nor were there any major stumbling blocks to getting a deal done. An announcement sealing the deal could come soon.