The NBA Board of Governors approved Marc Lore and Alex Rodriguez as limited partners with the Minnesota Timberwolves and Lynx in a vote today, sources tell ESPN.

Source: Adrian Wojnarowski/ESPN

ANALYSIS: The move had been in the works for months, but Lore and Rodriguez now join the Timberwolves' ownership group with Glen Taylor. The plan, per Wojnarowski, is for Lore and Rodriguez to take over after the two-and-a-half-year succession period.