The Minnesota Timberwolves are an American professional basketball team based in Minneapolis. The Timberwolves compete in the National Basketball Association (NBA) as a member of the Northwest Division of the Western Conference. The team was founded during the league expansion in 1989 and has played its home games at Target Center since 1990. In 2025, longtime owner Glen Taylor completed the sale of the team to former MLB star Alex Rodriguez and his partner Marc Lore, finalizing an agreement that began in 2021. In June 2025, the NBA Board of Governors unanimously signed off on the sale. Alex Rodriguez, Marc Lore, and a consortium of unnamed limited partners purchased the franchise for $1.5 billion.