Marc Stad is taking control of the Minnesota Timberwolves and Minnesota Lynx after reaching a deal to acquire the majority of Marc Lore’s stake, according to ESPN. The agreement puts a $4.5 billion value on the franchises and makes Stad their largest shareholder. The Dragoneer Investment Group founder was already part of the ownership group […]
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2026-08-21 16:43:32
Timberwolves join historic wave of massive NBA sales
