Back to the Minnesota Timberwolves Newsfeed

The Minnesota Timberwolves aren’t going anywhere

AUSTIN, TX - MARCH 12: Mark Hoffman and former professional baseball player Alex Rodriguez speak onstage at Alex Rodriguez: Baseball, Business & Redemption w/CNBC during SXSW at Austin Convention Center on March 12, 2018 in Austin, Texas. (Photo by Chris Saucedo/Getty Images for SXSW)

The Minnesota Timberwolves ownership is reportedly changing soon, with baseball superstar Alex Rodriguez and billionaire Marc Lore finalizing a deal to eventually take over ownership of the team.

First, the pair will be minority owners. However, in 2023, the two will take control of the team.

Reportedly, Taylor made it a part of the agreement to keep the team in Minneapolis.