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Stad finalizes $4.5B Timberwolves, Lynx ownership deal

#NBABusiness #MinnesotaSports

Marc Stad completed a deal to become controlling owner of the Timberwolves and Lynx, buying Marc Lore's stake at a $4.5 billion valuation. Lore retains a minority share, focusing on his Wonder Group IPO, pending NBA approval. read more


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