Minnesota Timberwolves owner Glen Taylor has reportedly agreed to complete the sale of the franchise to an ownership group led by Marc Lore and Major League Baseball legend Alex Rodriguez.

Well, it appears longtime Minnesota Timberwolves owner Glen Taylor has given up in his ownership fight with Marc Lore and Alex Rodriguez.

Glen Taylor, Marc Lore and Alex Rodriguez have agreed to resolve their dispute over ownership of the Minnesota Timberwolves, with Lore and Rodriguez set to take full ownership of the team, according to ESPN's Shams Charania.

Glen Taylor has agreed to transfer complete ownership of the Minnesota Timberwolves and Lynx to the group led by Marc Lore and Alex Rodriguez, multiple outlets reported Wednesday.

Former MLB star Alex Rodriguez and entrepreneur Marc Lore have agreed to purchase the NBA's Minnesota Timberwolves for $1.5 billion following a yearslong legal dispute with current owner Glen Taylor.

The arbitration ruling stated that Rodriguez and Lore, who agreed to buy the team for $1.5 billion in 2021, did not violate terms of the purchase agreement, which Taylor alleged. The Timberwolves/Lynx have been valued at just above $3 billion by Forbes and Sportico.

A process that began with a $1.5 billion agreement in 2021, finally moves on and now requires only NBA owners’ approval.

The cannons in the long battle for control of the Minnesota Timberwolves appear to have fallen silent. Timberwolves owner Glen Taylor will not contest a February arbitration decision that awarded the franchise to prospective new owners Marc Lore and Alex Rodriguez,

Glen Taylor is ceding control of the Minnesota Timberwolves and Lynx to partners Marc Lore and Alex Rodriguez.