Stad partners with Rodriguez as Wolves ownership structure shifts

On August 22, 2026, it was announced that Stad will assume a prominent role alongside Alex Rodriguez in the Wolves' ownership group, marking a significant shift. Stad's involvement comes after the departure of Lore to a limited partner role, as the team has emerged as a contender in the Western Conference. While Rodriguez is familiar with the spotlight, Stad's previous anonymity in the ownership group has drawn attention. The ownership structure has previously included high-profile figures like former Google CEO Eric Schmidt and ex-New York City Mayor Michael Bloomberg.

• 8:26 AMYahoo Sports — Stad, on the other hand, was practically anonymous in …