Marc Lore selling controlling stake of Timberwolves, Lynx to Marc Stad at $4.5B valuation

https://www.nytimes.com/athletic/7520728/2026/08/21/timberwolves-sale-lynx-owner-marc-lore-stad/

5 points · 3 comments · view on lemmy.world

3 Comments

David_Eight@lemmy.world · 3 pts · 31d

Dude bought the team for 1.5B last year, selling for 3x what you paid in a year is crazy. These sports teams are selling like crazy and I don't think that's good.

Makhno@lemmy.world · 0 pts · 31d (1 reply)

Anyone who supports the NBA or any institution where rich people swap spit and money is a class traitor.

David_Eight@lemmy.world · 1 pts · 31d

Totally, that's why I'm living of the land and sending this via smoke signal lol