Timberwolves ownership change: Stad buys controlling stake for $4.5B

Marc Lore selling controlling interest to Marc Stad at $4.5B valuation, just a year after gaining control. A-Rod stays, Elisa Stad becomes governor. This reshapes front office stability and could impact future spending on roster moves. Massive valuation for a small market, tripling previous estimates, with a new arena push expected. Multiple articles confirm the shakeup.