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Glen Taylor, the longtime owner of the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx, has agreed to sell both teams to former baseball star Alex Rodriguez and former Walmart chief executive Marc Lore for $1.5 billion.

Basketball fans in Minnesota are buzzing about the implications of the sale. What will the new ownership group mean for these teams? Will they stay in Minnesota? Will Rodriguez and Lore ask for public dollars for a new arena? Why have valuations of NBA teams skyrocketed?

Guest host Chris Farrell, senior economics contributor at Marketplace and MPR News, sat down with a basketball reporter and a sports economist to explore the potential effects of the sale and the value of sports franchises to regional identity and the economy. They also discussed the beginning of the NBA playoffs.

Use the audio player above to listen to the full conversation.

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Glen Taylor sold the Minnesota Timberwolves and Minnesota Lynx to Alex Rodriguez and former Walmart chief executive Marc Lore for $1.5 billion. Guest host Chris Farrell explored the potential effects of the sale and the value of sports franchises to regional identity and the economy.

Glen Taylor has sold the Minnesota Timberwolves and Minnesota Lynx to Alex Rodriguez and former Walmart chief executive Marc Lore for $1.5 billion. Guest host Chris Farrell explores the potential effects of the sale and the value of sports franchises to regional identity and the economy.

Under new management: The $1.5 billion sale of the Timberwolves and Lynx

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