Business & M&AInsider Sport · Aug 26
Timberwolves latest NBA team to see new ownership and valuation increase
By Callum Williams•August 26, 2026
The brief
A minority owner in the Minnesota Timberwolves has increased his stake by acquiring a majority share in a deal which has increased the team’s valuation by $3bn. The NBA’s Minnesota Timberwolves has a new majority owner after Marc Stad increased his ownership stake in the team by acquiring co-owner Marc Lore’s share. F…
Original report
Insider Sport
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