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Another NBA Team Gets Flipped
Marc Lore is selling his controlling stake in the Timberwolves and Lynx to Marc Stad in a deal that values the teams at $4.5 billion.
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apnews.com
T-wolves, Lynx co-owner Lore agrees to sell his controlling stake at a $4.5B value, AP source says
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…
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nytimes.com
Marc Lore selling controlling stake of Timberwolves, Lynx to Marc Stad at $4.5B valuation
Alex Rodriguez, who has served as co-chairman with Lore, is remaining in his role with the two teams.
