August 21, 2026

Another NBA ownership shakeup: Marc Stad purchases majority stake in Timberwolves, Lynx for $4.5 billion

Another NBA ownership shakeup: Marc Stad purchases majority stake in Timberwolves, Lynx for $4.5 billion

CBS Sports HeadlinesStad will become the controlling owner after buying the majority of co-owner Marc Lore’s stake

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