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A-Rod Doubles Down on Timberwolves | Minnesota Timberwolves News
Description
Alex Rodriguez is doubling down on his basketball empire, boosting his stake in both the Minnesota Timberwolves and Lynx as the teams hit a jaw-dropping $4.5 billion valuation. Tech investor Marc Stad is stepping in as controlling owner, replacing Marc Lore, who’s scaling back his role. Rodriguez, now joined as Co-Chairman by Marc and Elisa Stad, will take on governor roles for both teams. The move follows a rocky ownership transition that began in 2021, when former owner Glen Taylor tried to back out of a $1.5 billion deal. Last season, the Timberwolves soared to 49-33 and reached the Western Conference semifinals — proving their value on and off the court.
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