Los Angeles, United States, Aug 21, 2026 (AFP) - A-Rod ups T-Wolves stake in $4.5bn ownership change

NAMPA / AFP
2026-08-21
Retired baseball star Alex Rodriguez said on Friday he is upping his investment in Minnesota's Timberwolves and Lynx basketball teams as part of an ownership change reportedly valuing the franchises at $4.5 billion. The reshuffle at the NBA and WNBA teams also sees tech investor Marc Stad go from minority investor to controlling owner, replacing co-chairman Marc Lore, who will remain in a more limited role. The $4.5 billion valuation puts the Tim......
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WINDHOEK, 21 August 2026 - Minister of Industries, Mines and Energy Modestus Amutse launched the National Steering Committee on the Informal Economy in Windhoek, urging prioritisation of practical actions over bureaucracy. (Photo by: Uakutura Kambaekua) NAMPA.

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WINDHOEK, 21 August 2026 - Minister of Industries, Mines and Energy Modestus Amutse launched the National Steering Committee on the Informal Economy in Windhoek, urging prioritisation of practical actions over bureaucracy. (Photo by: Uakutura Kambaekua) NAMPA.

WINDHOEK, 21 August 2026 - Minister of Industries, Mines and Energy Modestus Amutse launched the National Steering Committee on the Informal Economy in Windhoek, urging prioritisation of practical actions over bureaucracy. (Photo by: Uakutura Kambaekua) NAMPA.

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