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Minnesota Timberwolves Ownership History


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The Minnesota Timberwolves: A New Era Begins

E-commerce Mogul Marc Lore Purchases Team

The Minnesota Timberwolves have been sold to e-commerce mogul Marc Lore for $1.5 billion. The sale was announced on March 29, 2024, and is expected to close later this year.

A New Beginning for the Timberwolves

The Timberwolves have been a part of the Minneapolis community since 1989, and have been a source of pride for the city. However, the team has struggled in recent years, and has not made the playoffs since 2018.

Lore is a successful businessman and entrepreneur, and he is eager to help the Timberwolves turn things around. He has already hired a new head coach, Tim Connelly, and has promised to invest in the team's infrastructure.

The Future of the Timberwolves

The future of the Timberwolves is bright. With Lore's leadership, the team has the potential to become a contender in the NBA.

The Timberwolves have a young and talented roster, led by Karl-Anthony Towns and Anthony Edwards. With Connelly's guidance, the team should be able to compete for a playoff spot next season.

The sale of the Timberwolves is a new beginning for the team. With Lore's leadership, the Timberwolves have the potential to become a championship contender.



Sports Illustrated

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