Marc Lore and Alex Rodriguez are back on track to be the majority owners for the Timberwolves and Lynx after a three-person arbitration panel ruled in their favor on Monday that Glen Taylor was not within his rights to terminate the purchase agreement last spring.

After months of legal wrangling, Alex Rodriguez and Marc Lore are set to become majority owners of the Timberwolves and Lynx. A three-member arbitration panel ruled longtime owner Glen Taylor did not have the right last year to cancel a pending sale of 40% of his ownership stake to Lore and Rodriguez.

The ownership transfer of the Minnesota Timberwolves must continue as originally planned, after an arbitration panel ruled Monday 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 $1.