The Pohlad family has announced that they will remain the owners of the Minnesota Twins after considering offers to sell the team in recent months. The decision comes after a “detailed and robust process” that explored various ownership opportunities.
To strengthen the club, the Pohlad family plans to add two significant limited partnership groups, each bringing a wealth of experience and aligning with their family values. These transactions are subject to approval by Major League Baseball.
The news has sparked mixed reactions from fans and analysts. Twins Daily’s John Bonnes expressed concern that the Pohlad family’s price for selling the team might have been too high, leading them to consider selling off pieces of the franchise to raise capital.
The decision marks a turning point in the ongoing saga surrounding the Pohlad family’s leadership of the Twins. Fans had become increasingly frustrated with the front office’s decisions, including slashing the payroll by $30 million amid uncertainty over their TV broadcast situation.
Source: https://www.fox9.com/news/pohlad-family-owners-minnesota-twins