T-wolves, Lynx co-owner Lore agrees to sell his controlling stake at a $4.5B value, AP source says
- Marc Lore has agreed to sell his controlling stake in the Minnesota Timberwolves and Lynx to limited partner Marc Stad at a valuation of $4.5 billion.
- Lore's decision to sell his majority stake is influenced by his focus on his food delivery startup, Wonder.
- Lore and partner Alex Rodriguez previously purchased the franchises for $1.5 billion from Glen Taylor.
- Rodriguez will remain as a co-owner and continue to be the most publicly visible owner of the teams.
- The sale is pending league approval and aims to strengthen the partnership among the owners.
Minnesota Timberwolves and Lynx co-owner Marc Lore has agreed to sell his controlling stake in the franchises to limited partner Marc Stad at a $4.5 billion value barely a year after his purchase was finalized, according to a person with knowledge of the deal.
Lore's decision to sell his majority stake stems from his focus on his food delivery startup Wonder, according to a second person with knowledge of the situation.
Lore and partner Alex Rodriguez bought the NBA and WNBA clubs from Minnesota businessman Glen Taylor for $1.5 billion, a process that lasted more than four years until league approval was granted in June 2025.
森林狼和林克斯的共同拥有者马克·洛尔同意以45亿美元的估值出售其控股权
明尼苏达森林狼和林克斯的共同拥有者马克·洛尔同意以45亿美元的估值将其控股权出售给有限合伙人马克·斯塔德，这一交易在他完成购买不到一年后达成，消息人士透露。
洛尔出售其控股权的决定受到他专注于食品配送初创公司Wonder的影响，另一位知情人士表示。
洛尔和合伙人亚历克斯·罗德里格斯以15亿美元的价格从明尼苏达商人格伦·泰勒手中购买了NBA和WNBA俱乐部，这一过程持续了四年多，直到2025年6月获得联盟批准。