Twins Ownership SHOCKER: Why Pohlads Nixed $1.7B Sale at Last Minute!
The Minnesota Twins ownership situation took a dramatic turn recently, leaving potential buyers stunned. After nearly a year of exploring a sale, the Pohlad family decided to retain majority control of the franchise, a move that has sparked conversation throughout the baseball world. What led to this unexpected decision?
The Pohlads' Perspective
According to reports, the Pohlad family received offers in the range of $1.4 to $1.7 billion for the team. However, they ultimately determined that selling a minority stake and maintaining control was the best path forward. As Twins executive chair Joe Pohlad stated, "We feel we’re the right people to lead this organization, to own this franchise."
This decision allows the Pohlads to secure a significant cash infusion without relinquishing control. They have added two limited partnership groups, one from the Twin Cities and another from the East Coast, who have collectively purchased more than 20% of the franchise.
Debt Reduction and Future Plans
The investment from the new partners is expected to help the Twins pay down a significant portion of their $425 million debt. While the exact amount paid by the new partners remains undisclosed, sources suggest the valuation was higher than the $1.7 billion franchise valuation provided by Sportico.
Twins president Derek Falvey emphasized the ownership's commitment to building a winning team for the region. He also indicated that retaining key players like Pablo Lopez and Joe Ryan is a priority for the 2026 season. Furthermore, highly-regarded pitching prospects Taj Bradley and Mick Abel are expected to join the Twins roster in the near future.
The Pohlads' decision to retain control reflects their deep connection to the franchise and their belief in their ability to lead the Twins to future success. The addition of new partners brings fresh perspectives and resources that will be vital in the ever-evolving sports landscape.
- Pohlad family reversed course on selling the Twins.
- Two new minority investors added.
- Focus on long-term future and winning culture.