Minnesota Timberwolves and Lynx Valued at $4.5bn
The Minnesota Timberwolves minority investor Marc Stad has become its controlling owner. The new deal valued the Timberwolves and WNBA counterpart Minnesota Lynx at a combined $4.5 billion. Stad joins Marc Lore and Alex Rodriguez, a former baseball player, as co-chairman. Rodriguez said that helping to build the Timberwolves and Lynx over…
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Charlie Campbell