When new investors emerged, the Pohlad family decided to maintain their controlling stake in the Minnesota twins and give the club the opportunity to repay the team’s $500mm debt. According to two members of the Pohlad family, executive chairman Joe Pohlad and his brother Tom spoke with Bill Lukitsch of Minnesota star Tribune.
Joe said, “That’s really the driver.” Then he revealed the 500mm figure. Previous reports mentioned that debt was about 400mm or 425mm, but were actually significantly higher than those figures.
The exact identity of the minority investors is not yet known as Pohlads has not disclosed details yet, awaiting alliance approval for the partnership. The work does mention investors from Minnesota and the East Coast, although few people know about it other than that. Once approved, the deal will clear some debt and provide Pohlads with more room to invest in salary and stadium upgrades.
The family has been exploring the sale of the franchise since the second half of last year, with investors reportedly seeking $1.7 billion. As mentioned earlier, Joe said debt is the main driver of scheduled sales. Tom also noted: “We never want to sell it. But we also have to consider that it is in the best interest of the twins, in the best interest of the community.” For these minority investors, Pohlads will own a majority stake and hope to pay off some or all of the debts.
Tom believes that the team’s intermediate market revenue “does not necessarily support” top stadiums or teams that continue to perform. Twin fans may be unhappy with this explanation, although it is true that in 2025, the targeted field attendance dropped by about 1.8 million, compared with nearly 2 million in 2024. This figure was 2.3 million in 2019, and this figure has not yet fully recovered in the years since the pandemic.
In addition to ticket sales, the club has not renewed the signing after the 2024 season after the regional sports network transaction with Diamond Sports Group (now Main Street Sports). This led to Major League Baseball managing the team’s broadcast in 2025, a situation that usually earns less club income than traditional RSN exchanges. Apart from the income trap, Tom admitted that fans were not satisfied with the team’s performance. “It’s been 34 years since it was until 2023, and we won the playoffs, which is unacceptable,” he said.
The Pohlad family has been in control of the twins since buying the team for about $40 million in 1984. The family patriarch Carl Pohlad was the original controller until his death in 2009. Since the beginning of 1985, the team has recorded 2976-3295 (.475). The team won the World Series in 1991, but has not achieved much success in the playoffs since. Fans have generally criticized the Pohlads in recent years for lack of salary spending and lack of playoff success.
Entering the final day of the season, the twins had a record of 70-91 (.435), ranking fourth in the AL Central. The team performed better early this season, but lost due to controversy over the trade deadline, leading to many expecting a sell-off. However, the sell-off ended up being much more than expected. Aside from transactions, waiting for free agents Chris Paddack,,,,, Harrison Budand Willi CastroThey also bring celebrity transactions closer Jhoan Duran To Philadelphia and Controllable Relief Griffin Jax to the ray. They also send large salaries Carlos Correa To Houston, Minnesota is responsible for the exchange of the remaining $103.4mm of 33mm. All in all, the twins traded 10 major league players and marked the beginning of the series’ reconstruction.
The reduction in spending even exceeded wage cuts. Earlier this month, the club announced that they would not sign a four-man contract on their professional scouts, leaving only one major league scout to enter the offseason. On the one hand, the cuts follow the team’s trends and rely less on traditional scouts to support analysis. But, as Dan Hayes of Track and Field reported, the team’s decision to cut the reconnaissance department was to cut costs rather than analysis.
The twins plan to cut further wages, or feel better about their financial situation now. In terms of pitching, the team has Pablo Lopez and Joe Ryan Under control in 2027 Byron Buxton Continue to lead the offensive. The club also has four top 100 prospects, according to MLB.com Walker Jenkins (No. 14) and Emmanuel Rodriguez (No. 67) This year ended at the AAA. The twins could try to put another competitive team together, or they could offer further spending cuts in the deal this winter by making players like Lopez or Ryan.
