MINNEAPOLIS (AP) — The $1.5 billion sale of the Minnesota Timberwolves from Glen Taylor to an investment group led by e-commerce entrepreneur Marc Lore and former baseball star Alex Rodriguez gained NBA approval on Tuesday, finalizing a complex and contentious process more than four years after the deal was reached.
The ownership transfer that Taylor tried to stop last year received an unanimous vote from the league’s board of governors that comprises the 30 team owners.
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