If they prevail in arbitration, their ownership group will be brought to the NBA's Board of Governors for final approval as owners.

Alex Rodriguez and Marc Lore have at least $940 million in escrow to strengthen their cause as limited partners attempting to buy out majority owner Glen Taylor for full control of the NBA's Minnesota Timberwolves and the WNBA's Lynx,

Alex Rodriguez and Marc Lore have put $942 million into escrow as they prepare for binding arbitration that will determine whether they can finish their purchase of the NBA's Minnesota Timberwolves and the WNBA's Minnesota Lynx,

Alex Rodriguez and his partner say they have the cash ready to buy the Minnesota Timberwolves. They may be half a year late.

The Pohlad family made the stunning announcement on Thursday that they plan to sell the Minnesota Twins after 40 years of ownership. The franchise is likely to have no shortage of suitors, and there's a certain group trying to buy another local sports franchise that would seemingly be a perfect fit to purchase the Twins.