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SportsTech investor Marc Stad set to take control of Timberwolves and Lynx

Sources familiar with the agreement told CNN on Friday that tech investor Marc Stad will take control of the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx in a transaction valued at $4.5 billion.

Marc StadMinnesota TimberwolvesMinnesota Lynxteam acquisition

CCNN★★★☆☆2026-08-21 20:30Original

Tech investor Marc Stad set to take control of Timberwolves and Lynx
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