The Minnesota Timberwolves have formalized a deal with DAZN that will make the streaming platform the exclusive local broadcast home for the team this upcoming season, according to a report by Tom Friend in Sports Business Journal. The Timberwolves are one of five NBA teams formerly connected to the now-defunct FanDuel Sports Networks expected to sign exclusive deals with DAZN. Several other franchises are likely to partner with DAZN for streaming-only deals and sell television rights to local, over-the-air broadcast networks. DAZN is reportedly prepared to offer the Timberwolves equity in the platform should the deal extend beyond the first year. DAZN is said to be one of several companies interested in securing rights to distribute the NBA’s future local streaming hub.