SPORTS
Minnesota Timberwolves Sold for $4.5 Billion
viernes, 21 de agosto de 2026
Fuente: bbc.co.uk
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The Minnesota Timberwolves have changed ownership in a deal valuing the franchise at $4.5 billion, making it the fourth-most expensive NBA franchise sale.
The Minnesota Timberwolves have undergone a change in ownership, with the franchise and the WNBA's Minnesota Lynx valued at a combined $4.5 billion. This transaction marks the Timberwolves as the fourth-most expensive NBA franchise to be sold.
Marc Stad, previously a minority investor, has become the controlling owner by acquiring the majority stake from co-chairman Marc Lore. He will work alongside Alex Rodriguez, who confirmed he would also increase his investment and serve as co-chairman.
This sale follows the Timberwolves' previous valuation of $1.5 billion in 2021 when Lore and Rodriguez initially invested. The Timberwolves reached the Western Conference last season but were eliminated by the San Antonio Spurs.
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