NewsFree365
--°
Sports
1 views

Marc Stad buying controlling interest in Timberwolves from Marc Lore; Alex Rodriguez remains

Marc Lore and Alex Rodriguez had to go to court, fighting former owner Glen Taylor over the sale of the Minnesota Timberwolves and Lynx. Last June, Lore/Rodriguez were finally approved.

Marc Stad buying controlling interest in Timberwolves from Marc Lore; Alex Rodriguez remains

Marc Lore and Alex Rodriguez had to go to court, fighting former owner Glen Taylor over the sale of the Minnesota Timberwolves and Lynx. Last June, Lore/Rodriguez were finally approved as the new owners and took control of the franchise.

Now Lore is stepping way back, selling his controlling interest in the team and the Lynx to American businessman Marc Stad at a franchise valuation of $4.5 billion, a story

Sports Verified Source

Syndicated via official news feed

Explore all Sports stories

Syndicated feed content with full publisher credit.