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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 San Antonio Editorial Desk Dave Campbell, Associated Press , as published by KSAT 12 (ABC affiliate)
· August 21, 2026
· 1 min read
Photo: KSAT 12 (ABC affiliate) · view original
Story provenance No corrections
Summary created by The San Antonio Editorial Desk — automated, rule-governed Byline on source page Dave Campbell, Associated Press, as published by KSAT 12 (ABC affiliate) 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 this deal is substantial, reportedly $4. A significant transaction is underway involving the Minnesota Timberwolves and Lynx.
A significant transaction is underway involving the Minnesota Timberwolves and Lynx. The value of this deal is substantial, reportedly $4.5 billion. This development comes shortly after another major sale in the NBA.
Further information about the agreement is not being publicly disclosed, but it is known that the buyer is a limited partner. The seller, an e-commerce entrepreneur, had acquired the teams along with a former baseball star.
Details of the transaction are available from the source, including the background of the teams' ownership and recent sales of other NBA franchises.
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Why this story is here
KSAT 12 (ABC affiliate) reported and published this story. The San Antonio 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.
About this story
As published by KSAT 12 (ABC affiliate) . The San Antonio 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 KSAT 12 (ABC affiliate) . Have a tip or correction? Contact the editor .
Category: News Published: August 21, 2026 Source: KSAT 12 (ABC affiliate) Reading time: 1 min
Frequently asked about this story
What is this story about? A significant transaction is underway involving the Minnesota Timberwolves and Lynx. The value of this deal is substantial, reportedly $4.5 billion. This development comes shortly after another major…
When was this published? This article was first published on August 21, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Dave Campbell, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The San Antonio, or browse our daily briefing and topic hubs .
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