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Pohlad family will sell Minnesota Twins
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Key FactsPohlad Family Plans Sale of Minnesota Twins
Oct 10 24 · Reading time: ~30 sec.
Summary created with AI assistance · Source: startribune.com
  • The Pohlad family has decided to sell the Minnesota Twins after 40 years, potentially valued at around $1.5 billion.

  • Joe Pohlad informed employees about the sale process, which will take several months, and emphasized the family's emotional connection to the team.

  • The decision may have been influenced by ongoing criticism regarding a focus on profits over championships, especially following a significant payroll reduction.

  • The family aims to find a buyer committed to keeping the Twins in Minnesota and has engaged investment bank Allen & Co. to assist with the sale process.