Timberwolves owner Glen Taylor is expressing confidence the NBA team will remain in Minnesota under new ownership.
One of his investors has sued Taylor in federal court, alleging breach of contract because of the sale.
Taylor also owns the WNBA’s Minnesota Lynx.
He recently finalized an agreement to sell the basketball teams to e-commerce mogul Marc Lore and former baseball star Alex Rodriguez for $1.5 billion.
Taylor is being sued by minority partner Meyer Orbach, who currently owns about 17% of the teams.
Orbach contends Taylor is denying his right to sell his stake to the prospective new owners.
AP
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