Minnesota Timberwolves and Lynx co-owner Marc Lore has agreed to sell his controlling stake in the franchises to limited partner Marc Stad at a $4.5 billion value barely a year after his purchase was finalized, according to a person with knowledge of the deal. The person spoke to The Associated Press on condition of anonymity because details of the agreement were not being publicized. Lore is a New York e-commerce entrepreneur. His partner and former baseball star Alex Rodriguez bought the NBA and WNBA clubs from Minnesota businessman Glen Taylor. That $1.5 billion sale got league approval in June 2025.