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Pohlad Family Seeking $1.7 Billion To Sell Twins

Posted: Tue Mar 25, 2025 2:25 am
by RealGM Wiretap

The Pohlad family is seeking a sale price of at least $1.7 billion for the Minnesota Twins, but it is unclear what they intend to do if they can\'t find a buyer at that valuation. The Twins are renewing the sale process after Justin Ishbia decided not to buy the franchise and instead increase his minority stake in the Chicago White Sox. 

The Twins have accrued in excess of $425 million of debt, according to multiple people briefed on the sale process, which is one of the highest figures among MLB’s 30 teams.

In 2024, the Twins were estimated to be worth between $1.46 billion and $1.7 billion by Forbes and Sportico, respectively.

MLB would prefer an owner with strong ties to the area.

Via Dan Hayes, Ken Rosenthal, Brittany Ghiroli/The Athletic


Re: Pohlad Family Seeking $1.7 Billion To Sell Twins

Posted: Tue Mar 25, 2025 12:44 pm
by psundeen
Please, someone! ANYONE! Buy my team. I've been waiting 25+ years for new owners.