Ownership Change of the Minnesota Timberwolves and Lynx
In a significant development for professional sports, the ownership change of the Minnesota Timberwolves and the Lynx has been affirmed. On June 24, 2025, the NBA’s Board of Governors convened and reached a unanimous decision to authorize the sale of these franchises from Glen Taylor to former baseball player Alex Rodriguez and entrepreneur Marc Lore.
Pivotal Transaction Details
This pivotal transaction follows a resolution of earlier disagreements related to the sale that were first outlined back in 2021 and hinted at in previous news reports. Before the Board’s decisive vote, Marc Lore was seen alongside Rodriguez at the playoffs in Denver, highlighting their involvement in the franchise’s future.
Transition and Future Prospects
This transition marks a new era for both teams as they move into a different management structure, promising exciting changes ahead for their loyal fanbase. The NBA has reiterated its commitment to maintaining the integrity of its franchises during this ownership transition.
Updates regarding the sale will be provided as additional information becomes available.
