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Stad Takes Over Wolves and Lynx | Minnesota Timberwolves News

Stad Takes Over Wolves and Lynx | Minnesota Timberwolves News

Published 8 hours ago
Description

Marc Stad’s $4.5 billion takeover of the Minnesota Timberwolves and Lynx marks a historic leap in franchise value — and he’s not here to overhaul things. Already a minority investor, Stad inherits two powerhouse teams: the Wolves, led by rising star Anthony Edwards, and the WNBA’s gold standard Lynx. With expectations centered on continuity, he’ll lean on trusted leaders like Tim Connelly and Chris Finch to keep building championship-caliber squads. While the Lakers command higher valuations, this deal proves NBA ownership is now a serious financial play — and Stad’s mission? Preserve the momentum and keep Minnesota’s hoops legacy soaring.

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