Photographer: David Sherman/NBAE/Getty Images

NBA Gets First Chinese Owner as Jiang Buys T-Wolves Stake

Updated on
  • Lizhang Jiang will own 5 percent of Minnesota basketball club
  • Timberwolves are controlled by billionaire Glen Taylor

Lizhang Jiang has become the first Chinese owner of a National Basketball Association team with a stake purchase in the Minnesota Timberwolves, weeks after he took control of a Granada-based club playing in Spain’s top soccer league.

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