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Marc Stad Takes Over Timberwolves and Lynx | Minnesota Timberwolves News

Marc Stad Takes Over Timberwolves and Lynx | Minnesota Timberwolves News

Published 1 day, 20 hours ago
Description

Marc Stad swoops in as the new majority owner of the Minnesota Timberwolves and Lynx, buying out Marc Lore in a $4.5 billion deal—three times what Lore and Alex Rodriguez originally paid back in 2021. Stad, already a minority investor, has quietly built his stake over months, ensuring smooth continuity. Rodriguez stays on as the public face of the group, with his wife Elisa taking over as governor of the Wolves while he remains involved with the Lynx. Lore will remain a minority stakeholder, and with key figures staying put, fans can expect stability as both teams navigate their respective seasons.

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