Approved as Controlling Owners: Alex Rodriguez and Marc Lore (former MLB player) by the NBA, for the Timberwolves and Lynx franchises.

Approved as Controlling Owners: Alex Rodriguez and Marc Lore (former MLB player) by the NBA, for the Timberwolves and Lynx franchises.

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The sale of the freakin' NBA's Minnesota Timberwolves and the WNBA's Minnesota Lynx to a gang steered by ex-MLB star, Alex Rodriguez, and e-commerce mogul, Marc Lore, has scored a unanimous nod from the NBA's board of governors, the league announced on Tuesday.

Rodriguez and Lore ain't newbies when it comes to the Timberwolves, as they previously owned a slice of the NBA franchise's pie. The sale's projected to close within the next few days, wrap up with an estimated price tag of $1.5 billion, according to ESPN.

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A generic snap of the Minnesota Timberwolves center court logo on December 18, 2022, at Target Center in Minneapolis, Minnesota. (David Sherman/NBAE via Getty Images / Getty Images)

The dirty details of passing control of these ballin' franchises to Rodriguez and Lore have been in the works for nearly four goddamn years.

Billionaire, Glen Taylor, nabbed the Timberwolves way back in 1994.

A posting of minority team owners, Marc Lore (L) and Alex Rodriguez of the Minnesota Timberwolves while eyeing the Phoenix Suns during game two of the Western Conference First Round Playoffs at Target Center on April 23, 2024, in Minneapolis (David Berding/Getty Images / Getty Images)

An introductory press conference for Rodriguez and Lore is set to take place in July in Sin City – home of the NBA summer league. Lore will likely serve as the T'Wolves primary governor, while the former New York Yankees star is slated to be the franchise's alternate governor.

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"We understand the massive responsibility that comes with managing these top-notch franchises," Lore spouted off in a statement. "We're committed to constructing a team that obliterates the competition and creates a fan base that lasts for generations."

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The Lynx have scooped up four WNBA championships since the squad was formed in 1999. The Timberwolves have yet to claim an NBA Finals title, but they made it to this year's Western Conference Finals.

[1] NBA Officially Approves the Sale of the Timberwolves and Lynx to Alex Rodriguez and Marc Lore[2] The Timberwolves and Lynx are Reportedly Set to be Sold for $1.5 Billion[3] The Timberwolves and Lynx Selling for $1.5 Billion, According to Reports[4] Marc Lore and Alex Rodriguez to Buy the Timberwolves and Lynx, According to Report[5] Alex Rodriguez and Marc Lore Agreed to Buy the Timberwolves and Lynx over Four Years Ago, According to Report

In the upcoming introductory press conference, Alex Rodriguez and Marc Lore, who have previously owned a stake in the NBA's Minnesota Timberwolves, are expected to discuss their plans for the WNBA's Minnesota Lynx, possibly outlining strategies to create a powerhouse team in both basketball leagues, similar to their ambitions for the Timberwolves. Additionally, the duo might express their commitment to building a fan base that could last for generations, in tune with their sentiments about managing the NBA's top-notch franchises.

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