Alex Rodriguez and his ownership group gets the green light to take control over the Minnesota Lynx and Timberwolves.

The duo, who bought the Minnesota Timberwolves and Lynx this week, made their wealth via blockbuster deals and benefited from key partnerships.

The $1.5 billion sale of the Minnesota Timberwolves from Glen Taylor to an investment group led by e-commerce entrepreneur Marc Lore and former baseball star Alex Rodriguez has gained unanimous approval by NBA owners more than four years after the deal was reached.