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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, 17 hours ago
Description

Marc Stad is now the sole owner of the Minnesota Timberwolves and Lynx, taking over from Marc Lore in a $4.5 billion deal that marks a major shift for both franchises. Lore steps back to focus on his food delivery company, while Alex Rodriguez remains as co-owner and public face. Stad, a quiet powerhouse from investment firm Dragoneer, is fully committed to building a new stadium and bringing championships to Minnesota — with his wife Elisa stepping into the role of Timberwolves governor. The move, still pending NBA approval, follows the Lakers’ recent sale and signals a bold new era for Minnesota basketball.

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