Just in: Arbitrators have ruled Marc Lore and Alex Rodriguez over Glen Taylor as the next majority ownership group of the Minnesota Timberwolves, Lore and Rodriguez told ESPN. The NBA’s Board of Governors now have to approve Lore and Rodriguez. pic.twitter.com/qpF3BW3J7B

In the dispute between Glen Taylor and the group led by Marc Lore and Alex Rodriguez concerning the sale of the Minnesota Timberwolves, a three-member arbitration panel has ruled in favor of Rodriguez and Lore.

The ownership transfer of the Minnesota Timberwolves must continue as originally planned. An arbitration panel has ruled that controlling owner Glen Taylor must cede control of the NBA club to partners Marc Lore and Alex Rodriguez in the disputed final phase of the sale.