A three-person panel ruled in favor of Lore and Rodriguez, setting them up to take full control of Minnesota's NBA and WNBA teams.

Minnesota's Glen Taylor claimed back in March that the team was 'no longer for sale' after a 90-day window to close the deal expired.

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.