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

https://mins.news/en/item/28824

- CNN, 2026-08-21 20:30 UTC
- Sports
- Original: https://www.cnn.com/2026/08/21/business/marc-stad-minnesota-timberwolves-lynx-sale?Date=20260821&Profile=CNN

> 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.

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- [T-wolves, Lynx co-owner Lore agrees to sell controlling stake at $4.5B valuation, AP source says](https://mins.news/en/item/28666) — The Associated Press, 2026-08-21