Here’s everything to know about the Timberwolves and Lynx’s new controlling owner.

Minnesota Timberwolves and Lynx co-owner Marc Lore has agreed to sell his controlling stake in the franchises to limited partner Marc Shad at a $4.5 billion value barely a year…

Alex Rodriguez, who has served as co-chairman with Lore, is remaining in his role with the two teams.

The move comes just 14 months after Lore took over in Minnesota.

Marc Stad is set to become the controlling owner of the Timberwolves and Lynx. This significant deal values the franchises at an impressive $4.5 billion. Marc Lore will reduce his…