Timberwolves ownership decision is imminent

Why it matters: Awarding ownership to the duo of Alex Rodriguez and Marc Lore would usher in a new era for the two basketball franchises. If Glen Taylor keeps the clubs, it would raise some major questions about what comes next.

Catch up quick: The Lore-Rodriguez team was preparing to make a final payment last March to take control of the team before Taylor called the $1.5 billion deal off, alleging they had missed benchmarks in the contract.

What we're watching: If the board sides with A-Rod and Lore, the two will have 90 days to gain approval from the NBA Board of Governors. Sportico reported that the duo had put the $942 million they still owe on the deal in escrow.

• They have brought in billionaire Michael Bloomberg as a limited partner and, according to a June report in The Athletic, were developing plans for a privately financed arena to replace Target Center.

The other side: If Taylor wins, he keeps the teams. But the 83-year-old has not identified an heir apparent to take over, raising questions about whether he would turn around and put the teams right back on the market.

• The Timberwolves' value has increased from $1.5 billion to $3 billion in the last four years and the Lynx are worth $85 million, according to Sportico.
• Taylor has said proceeds from the sale will go to his charitable foundation.

What's next: The board will rule no later than Monday, though a decision could come earlier, according to a report by Jon Krawczynski of The Athletic and confirmed by Axios.