Find out who owns the Minnesota Timberwolves, the owner's net worth, the source of wealth and the ownership history of the franchise.
The Minnesota Timberwolves are a household franchise based in Minneapolis, Minnesota, and are part of the NBA's Western Conference Northwest Division.
The Timberwolves were founded in 1989.
Who owns the Minnesota Timberwolves?
The Minnesota Timberwolves are owned by Marc Lore and Alex Rodriguez.
Minnesota Timberwolves ownership structure
Marc Lore
Marc Lore is an American entrepreneur, investor, chairman and CEO of the Wonder Group. He co-owns the Minnesota Lynx and the Minnesota Timberwolves of the NBA.
Alex Rodriguez is an American former MLB player, entrepreneur, and investor with investments in real estate, media, and sports. He built his fortune, A-Rod Corp, known for its investment in real estate, sports, and media.
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Club Net Worth & Valuation
According to figures from Forbes, the Minnesota Timberwolves areed at $3.1 billion.
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Club Ownership History
The Minnesota Timberwolves franchise was founded in 1989 and originally owned by Marv Wolfenson and Harvey Ratner. The franchise was purchased by Glen Taylor in 1994 for $94 million.
Marc Lore and Alex Rodriguez** agreed to buy the franchise in 2021 and completed the acquisition in April 2025.