Alex Rodriguez increases stake in Timberwolves amid ownership change
Yahoo Sports • 1 min read • Latest: Aug 21, 2026, 6:12 PM
Last updated Aug 21, 2026
Alex Rodriguez announced on August 21, 2026, that he is increasing his investment in the Minnesota Timberwolves and Lynx as part of an ownership transition valued at $4.5 billion. This change sees Marc Stad becoming the controlling owner, replacing Marc Lore, who will retain a limited role. Rodriguez, who has been involved with the teams for several years, expressed excitement about the new phase of this partnership and his expanded role as Co-Chairman and Governor of the Lynx. The Timberwolves, who posted a 49–33 record last season, eliminated the Denver Nuggets in the playoffs before losing to the San Antonio Spurs in the Western Conference semi-finals.
- •Rodriguez increases investment in Timberwolves and Lynx teams.
- •Ownership change values franchises at $4.5 billion.
- •Marc Stad becomes controlling owner, replacing Marc Lore.
- •Timberwolves reached the Western Conference semi-finals last season.
- •Rodriguez looks forward to spending more time with the teams.
- 6:12 PMYahoo Sports — A-Rod ups T-Wolves stake in $4.5bn ownership change
"Retired baseball star Alex Rodriguez said on Friday he is upping his investment in Minnesota's Timberwolves and Lynx basketball teams as part of an ownership change reportedly valuing the franchises at $4.5 billion.The $4.5 billion valuation puts the Timberwolves fourth on the list of largest franchise sales in NBA history, according to ESPN, which broke the news.
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