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  • 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

21 Aug 2026
Another NBA ownership shakeup: Marc Stad purchases majority stake in Timberwolves, Lynx for $4.5 billion
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Stad will become the controlling owner after buying the majority of co-owner Marc Lore's stake

Source: CBS Sports

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