"The Pohlad family decided to maintain its controlling stake in the Minnesota Twins when new investors emerged and gave the club a chance to pay down a significant amount of the team's $500MM debt. That's according to two members of the Pohlad family, executive chair Joe Pohlad and his brother Tom, who spoke to Bill Lukitsch of the Minnesota Star Tribune."
"The exact identities of the minority investors are currently unknown, as the Pohlads have not disclosed details, pending approval of the partnership by the league. The piece does mention that the investors are from Minnesota and the East Coast, though little is known beyond that. Once approved, Lukitsch notes that the deal will clear some of the debt and give the Pohlads more room to invest in payroll and stadium upgrades."
"The family had been exploring a sale of the franchise since late last year, reportedly seeking $1.7 billion from investors. As mentioned, Joe said the debt was the main driver behind the intended sale. Tom also noted: "We never wanted to sell. But we also had to think about what's in the best interest of the Twins, what's in the best interest of the community." With these minority investors, the Pohlads are going to hold majority ownership"
The Pohlad family will retain majority ownership of the Minnesota Twins while adding minority investors to reduce roughly $500 million in team debt. The investors' identities remain undisclosed pending league approval, and are reportedly from Minnesota and the East Coast. The family had explored a full sale seeking about $1.7 billion but prioritized debt reduction to enable greater payroll and stadium investment. The Pohlad brothers emphasized community and team interests in choosing minority partners. Attendance at Target Field declined to roughly 1.8 million in 2025 from nearly 2 million in 2024, and revenue constraints challenge sustained high payrolls and top-tier stadium funding.
Read at MLB Trade Rumors
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