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And-Ones: Team Sales, Private Equity, Streaming Hub, Schröder

The Trail Blazers were officially sold to Tom Dundon at the end of March. Mark Walter recently agreed to sell his majority stake in the Lakers just 10 months after he formally purchased the team. On Friday, word broke that Marc Lore is selling his controlling interest in the Timberwolves to minority shareholder Marc Stad. […]

The $4.5 Billion Minnesota Deal: What’s Driving the Multi-Billion-Dollar Rush?

The sports world has barely had time to process Mark Walter’s sale of the Los Angeles Lakers just over a year after he acquired a majority stake from the Buss family. Now, the spotlight has shifted to Minnesota, where the Timberwolves and Lynx could be heading toward a major ownership change. The claim is that […] The post The $4.5 Billion Minnesota Deal: What’s Driving the Multi-Billion-Dollar Rush? appeared first on EssentiallySports .

Anthony Edwards ordered to pay $14,000 per month in child support

Timberwolves star Anthony Edwards has been ordered to pay $14,000 per month in child support for his son, according to TMZ. The ruling involves Alexandria Desroches and their son Amir, who was born in 2023. Per TMZ, the amount was calculated in part using Edwards’ reported monthly income of approximately $4.8 million. Edwards also was […] The post Anthony Edwards ordered to pay $14,000 per month in child support appeared first on Hoops Wire .

Josh Hart steals show at Karl-Anthony Towns’ wedding

Josh Hart apparently stole the show on the dance floor at Karl-Anthony Towns and Jordyn Woods’ wedding. Knicks teammate Jose Alvarado spoke to TMZ Sports at LAX after returning from the celebrity-filled celebration, which featured guests including Michael B. Jordan, Kylie Jenner, Timothée Chalamet and Ben Stiller. “Definitely different to be in that room, but […] The post Josh Hart steals show at Karl-Anthony Towns’ wedding appeared first on TalkBasket.net .

NBA Rumors: Lakers, Jonathan Kuminga, Heat, Nick Richards, Nuggets

Lakers The Timberwolves are a team to watch for Jonathan Kuminga, according to ESPN’s Brian Windhorst, while the Lakers also remain in the picture. Windhorst said Los Angeles still has a potential path to a sign-and-trade built around Jaden Hardy. “There’s still a window there for the Lakers to do a Kuminga sign-and-trade using Jaden […] The post NBA Rumors: Lakers, Jonathan Kuminga, Heat, Nick Richards, Nuggets appeared first on Hoops Wire .

Lakers and Timberwolves emerge as Kuminga finalists

The Los Angeles Lakers and Minnesota Timberwolves have emerged as the finalists for Jonathan Kuminga, according to Evan Sidery, with both teams offering the 23-year-old forward a starting role but facing very different financial paths. Sidery reported Friday that the Lakers would need to acquire Kuminga through a sign-and-trade at a larger salary, while Minnesota […] The post Lakers and Timberwolves emerge as Kuminga finalists appeared first on TalkBasket.net .

Will Alex Rodriguez Remain as Timberwolves Owner? Details of Marc Stad’s $4.5 Billion Ownership Deal Revealed

Marc Stad is acquiring majority control of the Minnesota Timberwolves and Lynx for $4.5 billion, buying out Marc Lore’s majority stake while Alex Rodriguez raises his own stake and remains in leadership roles. Alex Rodriguez, along with Lore and Stad, has been central to the Timberwolves’ ownership story since 2021. According to ESPN’s Shams Charania, […] The post Will Alex Rodriguez Remain as Timberwolves Owner? Details of Marc Stad’s $4.5 Billion Ownership Deal Revealed appeared first on E...