Alex Rodriguez's ownership group still working on Timberwolves deal: 'We're getting close to the finish line'

An ownership group featuring Alex Rodriguez set to purchase the Minnesota Timberwolves from current owner Glen Taylor was unable to finalize a deal before their negotiating window ended, per ESPN's Brian Windhorst. The group signed a letter of intent on April 10, which gave them exclusive negotiating rights for the next 30 days. However, that time frame has passed without a formal deal.