Marc Stad takes Timberwolves, Lynx control at $4.5B valuation

Alex Rodriguez remains a co-owner in the new group

Wire Report IntelligenceUpdated Aug 211 min read

ESPN story on Marc Stad purchasing controlling ownership of the Minnesota Timberwolves and Lynx from Marc Lore for $4.5 Via @ShamsCharania on X

What happened: Stad bought the majority of Marc Lore's stake and became the largest shareholder, according to ESPN. The Dragoneer founder had already been a significant minority investor in the ownership group.

Why it matters: The ownership shift changes final authority roughly 14 months after Lore and Rodriguez gained control. It resets leadership before the Timberwolves' 2026-27 season while the Lynx remain in WNBA competition.

By the numbers: The $4.5 billion valuation is three times the $1.5 billion price attached to the 2025 control sale, a $3 billion difference.

What to watch: Governance assignments and Stad's operating priorities will define the next phase.

Sources

@ShamsCharania 2026-08-21T17:01:09.109398+00:00

CONVERSATION

Loading comments…

WNBABreakingMinnesota TimberwolvesMinnesota Lynx

Follow WNBA Intelligence

Real-time signals and analysis

@WireReportWNBA

WR Pro

The day's sports, briefed to your inbox at 7am ET. Every claim sourced.

$9/month Free weekly newsletter →