Three years ago, Marc Lore and Alex Rodriguez agreed to buy the Minnesota Timberwolves and Minnesota Lynx for a reported price tag of $1.5 billion from longtime owner Glen Taylor.

Lore and Rodriguez have been regular features courtside in Minnesota since, but they took on a partial stake in the Wolves immediately. The transition to them being the majority owners was not set to be complete until this week, with the deadline for them to purchase the majority share being on Wednesday. When that deadline came and went, Glen Taylor decided that he didn’t want to sell his stake in the Wolves and Lynx anymore, putting out a stunning statement on Thursday via the team that said the franchises are no longer for sale.