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T-wolves, Lynx co-owner Lore agrees to sell his controlling stake at a $4.5B value, AP source says
Summary by The McAllen Editorial Desk DAVE CAMPBELL, Associated Press , as published by ValleyCentral (KVEO/CBS4) - Sports
· August 21, 2026
· 1 min read
Photo: ValleyCentral (KVEO/CBS4) - Sports · view original
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Summary created by The McAllen Editorial Desk — automated, rule-governed Byline on source page DAVE CAMPBELL, Associated Press, as published by ValleyCentral (KVEO/CBS4) - Sports Original story Read at the source Source published Aug 21, 2026 Indexed here Aug 21, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The value of the transaction is substantial, reportedly $4. A significant transaction is underway for the Minnesota Timberwolves and Lynx.
A significant transaction is underway for the Minnesota Timberwolves and Lynx. The current co-owner has decided to relinquish control. This development comes shortly after the co-owner's purchase was completed.
A person familiar with the arrangement has shared information about the deal. The value of the transaction is substantial, reportedly $4.5 billion.
Further details about the sale and the new owner are available from the source, including information about the limited partner involved in the transaction.
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ValleyCentral (KVEO/CBS4) - Sports reported and published this story. The McAllen selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by ValleyCentral (KVEO/CBS4) - Sports . The McAllen selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit ValleyCentral (KVEO/CBS4) - Sports . Have a tip or correction? Contact the editor .
Category: News Published: August 21, 2026 Source: ValleyCentral (KVEO/CBS4) - Sports Reading time: 1 min
Frequently asked about this story
What is this story about? A significant transaction is underway for the Minnesota Timberwolves and Lynx. The current co-owner has decided to relinquish control. This development comes shortly after the co-owner's purchase was…
When was this published? This article was first published on August 21, 2026 by ValleyCentral (KVEO/CBS4) - Sports and curated for The McAllen readers.
Who reported this story? This story was reported by DAVE CAMPBELL, Associated Press at ValleyCentral (KVEO/CBS4) - Sports. To learn more about how The McAllen selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The McAllen, or browse our daily briefing and topic hubs .
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