Alex Rodriguez and Marc Lore met with the NBA's Finance Committee this week as part of the next step to attain league approval of their first 20% purchase of the Timberwolves, the first in multiple purchases over the next few years that would make Rodriguez and Lore controlling owners of the team, league sources said.
After this week's meeting, the Finance Committee is expected to recommend to the Board of Governors at large that they approve the sale of that first 20%, and a final decision on it is expected in coming weeks, sources said.
This process is taking place after a judge recently dismissed a suit from minority owner Meyer Orbach, who challenged the sale between Rodriguez, Lore and current controlling owner Glen Taylor, who also owns the Star Tribune.