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.

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.