Marc Lore is selling his majority stake in the Minnesota Timberwolves and Lynx for $4.5 billion — a jaw-dropping move just one year after buying them — to focus on his food delivery startup, Wonder. Limited partner Marc Stad steps into the leadership role, while Alex Rodriguez remains as co-owner and public face. The new ownership group vows to keep both teams in Minneapolis and chase championships, with the Timberwolves on an upward basketball surge and the Lynx already WNBA titans. League approval pending.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
