Back to the Minnesota Timberwolves Newsfeed

Marc Lore and Alex Rodriguez, new owners of Wolves and Lynx: 'We have no plans to move'

The Timberwolves and Lynx ownership change took another step Monday when Marc Lore and Alex Rodriguez met the media with outgoing owner Glen Taylor.

The $1.5 billion sale of the teams raised the question as to whether the franchises will remain in Minnesota, a question Rodriguez answered this way:

"We have no plans to move. Our plan is to be right here."

The Wolves start training camp this week. The Lynx were eliminated from the WNBA playoffs on Sunday.

Taylor, the 80-year-old businessman who also owns the Star Tribune, said there were plenty of suitors after he put the teams up for sale.