Timberwolves owner supports building new arena in Minnesota
Yahoo Sports • 1 min read • Latest: Aug 21, 2026, 5:10 PM
Last updated Aug 21, 2026
The Timberwolves' new majority owner has confirmed a commitment to constructing a new arena in Minnesota. The plan aims to keep both the Timberwolves and the Lynx in their current location. This decision follows an ownership change, with assurances that the teams will remain in Minnesota rather than relocate. Specific next steps and designs for the arena have yet to be detailed.
- •New Timberwolves majority owner is all in on the arena project.
- •Plans ensure Timberwolves and Lynx will not move from Minnesota.
- •Assurances come after a recent ownership transition.
- •Details on arena design and timeline remain undisclosed.
- 5:10 PMYahoo Sports — New Timberwolves majority owner 'all in' on building a new arena for Timberwolves in Minnesota
"New Timberwolves majority owner 'all in' on building a new arena for Timberwolves in Minnesota
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