Timberwolves valued at 4.5B after Lakers sale
Marc Stad is set to become the controlling owner and largest shareholder of the Minnesota Timberwolves and Lynx in a deal valuing the franchises at $4.5 billion, pending NBA approval. The transaction preserves ongoing involvement for Alex Rodriguez, who plans to increase his stake and expand his leadership role, while Stad will have final control. The deal, following a recent record valuation of the Lakers at $12.5 billion, highlights the significant financial differences among NBA teams.
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