Marc Lore and Alex Rodriguez had to go to court, fighting former owner Glen Taylor over the sale of the Minnesota Timberwolves and Lynx. Last June, Lore/Rodriguez were finally approved as the new owners and took control of the franchise.
Now Lore is stepping way back, selling his controlling interest in the team and the Lynx to American businessman Marc Stad at a franchise valuation of $4.5 billion, a story first reported by Shams Charania of ESPN and quickly confirmed by other reports out of Minnesota.
Stad was a minority investor in the Lore/Rodriguez ownership group, now he and Lore are essentially switching places, with Rodriguez taking on…
Read the full article at SPORTS.YAHOO.COM

