Pohlad Family Lists Minnesota Twins for Sale
Pohlad Family Lists Minnesota Twins for Sale

Pohlad Family Lists Minnesota Twins for Sale

News summary

The Minnesota Twins, owned by the Pohlad family for 40 years, are up for sale with a valuation between $1.5 billion and $2 billion. The decision follows months of consideration, driven by the family's desire to explore new opportunities and address financial challenges, such as a recent loss in local TV revenue. Fans have mixed reactions, with some hoping for more investment in player development while others appreciate the Pohlads' contributions, including two World Series wins. The family's statement highlighted their emotional connection to the team and the community. The sale process, facilitated by Allen & Co., could take several months and requires MLB approval. Despite the uncertainty, the Twins' commitment to Minneapolis remains strong, supported by a long-term lease at Target Field.

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Last Updated
40 days ago
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