Marc Lore Sells Timberwolves Stake | Fayetteville Arkansas News

Marc Lore, ex-e-commerce titan and Timberwolves co-owner, is offloading his $4.5 billion stake to Marc Stad, marking one of the NBA’s biggest deals ever. Once Walmart’s Jet co-founder, Lore’s exit lets him refocus on his food tech empire, Wonder Group, while staying on as a minority owner alongside Alex Rodriguez—still involved with the Lynx. The team’s value tripled since their 2021 purchase, and the new ownership trio vows to chase championships, building on their existing partnership and culture. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5cb54be508e3c680