The value of the franchise has more than doubled since that April 10, 2021, agreement due largely to soaring NBA revenues. Forbes has estimated the Timberwolves are worth $3.1 billion.

NEW YORK (AP) — NBA owners approve $1.5B sale of Timberwolves, WNBA's Lynx to investment group led by Marc Lore and Alex Rodriguez.

The sale of the NBA's Minnesota Timberwolves and the WNBA's Minnesota Lynx to a group led by former MLB star Alex Rodriguez and e-commerce entrepreneur Marc Lore has gained unanimous approval from ...

MINNEAPOLIS — More than four years since they agreed to a multi-year process to become owners of the Timberwolves and Lynx, Marc Lore and Alex Rodriguez have now been approved to become ...

Alex Rodriguez appreciates a business-minded athlete. The Yankees great — who made the jump from MLB superstar to CEO of ...

NBA team owners have unanimously approved the sale of the Minnesota Timberwolves from Glen Taylor to Marc Lore and retired baseball star Alex Rodriguez, the league announced Tuesday. The ...

Ex-MLB star Alex Rodriguez, owner group finalize complex Lynx, Timberwolves sale Bruce Kluckhohn-Imagn Images Zachary Draves June 25, 2025, 4:08 PM PDT · ...

NBA owners on Tuesday unanimously approved the Timberwolves’ sale. On Monday, Taylor took out a full-page ad in the Star Tribune, the newspaper he owns, to thank fans for the last 30 years.

RELATED: NBA approves sale of Timberwolves, Lynx to Marc Lore, Alex Rodriguez They will serve as Co-Chairmen, with Lore assuming the role of Timberwolves Governor and Rodriguez as Alternate Governor.

All that's needed is to dot a few I's and cross some financial T's in closing the deal after the NBA Board of Governors voted unanimously in favor of the sale Tuesday. Now, Lore and Rodriguez are ...

"We're never moving the team." Lore and Rodriguez were officially approved as controlling owners of the Timberwolves by a unanimous vote from the NBA's Board of Governors on Tuesday.