• Loading stock data...
Saturday, February 28, 2026

Timberwolves Lay Off Dozens After A-Rod, Lore Take Over

Alex Rodriguez and Marc Lore became controlling owners of the Wolves and Lynx in June and are now reshaping the franchises.

Alex Rodriguez and Marc Lore
Bruce Kluckhohn-Imagn Images

Alex Rodriguez and Marc Lore are beginning to remake the Timberwolves and Lynx. 

On Wednesday the organization laid off dozens of employees on the business side. Reports range from 35 to 40 people affected out of roughly 220 employees.

The cuts did not hit basketball operations.

MLB legend Rodriguez and e-commerce billionaire Lore took control of the team in June after a battle with Glen Taylor that started in March 2024. The duo eventually beat Taylor in arbitration after Taylor had tried to claim that his previous agreement to sell the team was voided by the new group missing a scheduled payment. 

The Timberwolves made the Western Conference finals for the second consecutive season while the Lynx currently boast a 28–6 record, best in the WNBA. 

At the NBA Summer League in Las Vegas in July. Rodriguez said in July there is only a 9% overlap between the Lynx and Timberwolves fanbases. He said that he wanted to leave the teams’ on-court successes largely untouched while improving the business.

“Our job is to really kind of just get out of the way [with the Lynx]”, Rodriguez said in July. “…We’re gonna roll up our sleeves, hire a CEO, bring in a person that Marc and I feel has the same capability as [Wolves president of basketball operations] Tim (Connelly), so we can copy and paste what we’ve done in basketball and do it in business.”

The layoffs impacted employees on the business side for the Wolves and Iowa Wolves, the team’s G League affiliate, according to the Star Tribune. The newspaper also reported that employees who had dual responsibilities with the Timberwolves and Lynx were also laid off, but no one who solely works for the Lynx lost their job. 

A Timberwolves spokesperson did not immediately respond to a request for comment.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Oct 10, 2025; Phoenix, Arizona, USA; Las Vegas Aces guard Dana Evans (11) shoots against the Phoenix Mercury during the first half of game four of the 2025 WNBA Finals at Mortgage Matchup Center.

WNBA Players Make Small Concessions to League in CBA Offer

The union is now asking for a 26% share of total team and league revenue.
WNBA
exclusive

WNBA Players Divided Over CBA Approach at Heated Meeting

Fractures are beginning to show among the players.

Mat Ishbia’s All-Star Weekend Offer Faces Several Major Hurdles

Mark Cuban tells FOS a similar pitch was rejected by the league.
Mar 11, 2024; Denver, Colorado, USA; Toronto Raptors center Jontay Porter (34) reacts after a play in the third quarter against the Denver Nuggets at Ball Arena. Mandatory Credit: Isaiah J. Downing-USA TODAY Sports

Banned NBA Player Jontay Porter Signs With Upstart USBL

Porter was banned from the NBA for gambling violations in 2024.

Featured Today

[Subscription Customers Only] Jun 15, 2025; Seattle, Washington, USA; Botafogo owner John Textor inside the stadium before the match during a group stage match of the 2025 FIFA Club World Cup at Lumen Field.

The American Sports Owners Feuding Over a French Soccer Team

John Textor is at odds with Michele Kang and investment giant Ares.
[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium
February 21, 2026

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.
Feb 10, 2026; Cortina d'Ampezzo, Italy; Cory Thiesse and Korey Dropkin of the United States during the curling mixed doubles gold medal game during the Milano Cortina 2026 Olympic Winter Games at Cortina Curling Olympic Stadium
February 20, 2026

Curling Clubs Are Swept Up in Olympics Fever. Can It Last?

Every four years, organizations field an influx of curling-curious patrons.
Max Valverde by Ron Winsett
February 17, 2026

How Ski Mountaineering’s Hype Man Went From TikTok to NBC

Max Valverde’s gushing over the niche sport vaulted him to Olympic broadcaster.
Sep 28, 2025; San Diego, California, USA; San Diego Padres third baseman Manny Machado (13), left, and Jackson Merrill (3) celebrate after scoring during the first inning against the Arizona Diamondbacks at Petco Park.

Drew Brees, Joe Lacob Among Interested Padres Suitors

A record-setting deal could be in place by Opening Day.
February 25, 2026

Seahawks GM Downplays Impact of Team Sale: ‘Business As Usual’

Seattle is up for sale after winning Super Bowl LX.
Feb 22, 2026; Los Angeles, CA, USA; Magic Johnson at unveiling of statue of former Los Angeles Lakers coach Pat Riley at the Crypto.com Arena.
February 25, 2026

Magic Johnson, Lakers Won’t Reunite Under Mark Walter

Walter and Johnson are Dodgers co-owners.
Sponsored

From USWNT Star to NWSL Franchise Founder

Leslie Osborne, former USWNT midfielder, shares how athletes are moving from the pitch to the ownership table.
Sep 28, 2025; Cumberland, Georgia, USA; Atlanta Braves pitcher Charlie Morton (50) waves to fans while walking to the dugout after pitching against the Pittsburgh Pirates during the second inning at Truist Park.
February 25, 2026

Braves Post 11% Increase in Revenue in 2025 to $732 Million

The MLB club said the formation of BravesVision leans in to specific advantages.
Sep 22, 2025; Atlanta, Georgia, USA; Atlanta Braves right fielder Ronald Acuna Jr. (13) celebrates with second baseman Ozzie Albies (1) after a home run against the Washington Nationals in the first inning at Truist Park.
February 24, 2026

Braves Launch Team-Owned TV Network

The in-house venture has echoes of the former WTBS superstation.
February 19, 2026

Bears $5B Stadium Plan Ramps Up As Indiana Pushes Ahead

The NFL team draws closer to finalizing a long-awaited stadium deal.
Feb 17, 2026; Lee County, FL, USA; Boston Red Sox second baseman Kristian Campbell (28) poses for a photo during media day at JetBlue Park.
February 18, 2026

Red Sox Change Their Tune on Fanatics Jersey Issues

The MLB club takes responsibility for a jersey design error.