An arbitration panel on Monday ruled 2-1 in favor of Alex Rodriguez and Marc Lore in their quest for a controlling ownership stake of the NBA's Minnesota Timberwolves and the WNBA's Minnesota Lynx.

In the dispute between Glen Taylor and the group led by Marc Lore and Alex Rodriguez concerning the sale of the Minnesota Timberwolves, a three-member arbitration panel has ruled in favor of Rodriguez and Lore.

Just in: Arbitrators have ruled Marc Lore and Alex Rodriguez over Glen Taylor as the next majority ownership group of the Minnesota Timberwolves, Lore and Rodriguez told ESPN. The NBA’s Board of Governors now have to approve Lore and Rodriguez. pic.twitter.com/qpF3BW3J7B