A former Walmart executive has teamed up with baseball legend Alex Rodriguez to purchase the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx, according to a report from the Associated Press.Marc Lore founded Jet.com, which Walmart purchased for $3.3 billion in 2016. He then worked as Walmart’s eCommerce CEO from 2016 to 2021, according to Forbes.On Tuesday, the NBA approved the deal Lore and Rodriguez made more than four years ago.Both said they’re committed to keeping the Timberwolves and the Lynx in Minnesota.Lore’s net worth is estimated at $2.9 billion by Forbes.Rodriguez hit 696 home runs during his 22 years in Major League Baseball. He has not been elected to the National Baseball Hall of Fame.Lore is one of many Walmart execs and Walton Family members to purchase major sports franchises. Scroll down for a list.

MINNEAPOLIS —

A former Walmart executive has teamed up with baseball legend Alex Rodriguez to purchase the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx, according to a report from the Associated Press.

Marc Lore founded Jet.com, which Walmart purchased for $3.3 billion in 2016. He then worked as Walmart’s eCommerce CEO from 2016 to 2021, according to Forbes.

On Tuesday, the NBA approved the deal Lore and Rodriguez made more than four years ago.

Both said they’re committed to keeping the Timberwolves and the Lynx in Minnesota.

Lore’s net worth is estimated at $2.9 billion by Forbes.

Rodriguez hit 696 home runs during his 22 years in Major League Baseball. He has not been elected to the National Baseball Hall of Fame.

Lore is one of many Walmart execs and Walton Family members to purchase major sports franchises. Scroll down for a list.