Timberwolves finalize purchase of NBA D-League team Iowa Energy

Published May 13, 2017 9:52 pm ET

The Minnesota Timberwolves have finalized a purchase of the NBA Development League team, the Iowa Energy, the team announced Wednesday.

Minnesota became the 25th team in the NBA to own or operate a D-League affiliate.

The Timberwolves are now the third Minnesota professional team to have an affiliate in Iowa, joining the Wild (Iowa Wild) and the Twins (Cedar Rapids Kernels).