Pohlad Family Plans Sale of Minnesota Twins
Pohlad Family Plans Sale of Minnesota Twins
Pohlad Family Plans Sale of Minnesota Twins
News summary

The Pohlad family, who have owned the Minnesota Twins since 1984, announced they are exploring the sale of the franchise after 40 years of stewardship. The decision follows a disappointing end to the Twins' 2024 season, where they finished with an 82-80 record, missing the playoffs, and facing criticism for a $30 million payroll reduction. The family expressed their intent to find a new ownership group that will maintain the team's legacy and connection to the Minnesota community. The Twins, valued at approximately $1.46 billion, won World Series titles in 1987 and 1991 under the Pohlads' ownership. This potential sale marks a significant change, as the team has only been owned by the Griffiths and Pohlads since its inception in 1901. The family has retained Allen & Company to assist with the sale process.

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Last Updated
8 min ago
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