×
Top Stories
Orioles place OF Cedric Mullins (hamstring) on ILGiants sign first-round QB Jaxson DartLawsuit accuses Pelicans' Zion Williamson of rapeIslanders ink F Kyle Palmieri, D Adam Boqvist to contractsWhite Sox-Orioles start time moved up due to inclement weatherSabres' front office adds ex-Jackets GM Jarmo KekalainenWhite Sox sign Dan Altavilla, place Miguel Castro on IL50 prospects withdraw from NBA draftReds put OF Austin Hays on IL, activate OF Jake FraleyFlyers F Tyson Foerster signs 2-year extensionAstros' Lance McCullers Jr. hires security following threatsVikings GM Kwesi Adofo-Mensah signs extensionBraves' Chris Sale becomes fastest to 2,500 strikeoutsMLB roundup: Junior Caminero drives in 6 as Rays rout AstrosNationals ring up 7 in 10th to blast MarinersPhillies acquire LHP Josh Walker from Blue JaysReports: Angels set to activate Mike Trout on FridayJunior Caminero (6 RBIs), Rays blow out AstrosOilers bounce Stars, clinch finals rematch vs. PanthersJalen Brunson, Knicks earn trip back to Indiana for Game 6

Reports: Twins sale has momentum toward $1.7B asking price

By MLB Premium News May 29, 2025 | 5:40 AM

The Pohlad family, which has owned the Twins since 1984, announced in October 2024 that the franchise was for sale, with a $1.7 billion asking price. The Pohlads retained investment bank Allen & Company to guide a potential sale.
Front Office Sports reported on Wednesday that there is momentum toward a sale after the process had stalled earlier this year. Billionaire suitors Mat and Justin Ishbia ended their interest in buying the team and instead, according to reports, increased their stake in the Chicago White Sox in February.
The Minnesota Star Tribune reported Tuesday that other suitors have traveled to Minneapolis in the past two to three weeks to tour the stadium and meet with the family and team executives.
The Pohlads rejected a bid of $1.5 billion, according to Front Office Sports. The franchise is valued at $1.65 billion, 22nd out of 30 MLB teams, according to CNBC calculations last month. Forbes and Sportico estimated in March that the Twins are valued between $1.5 billion and $1.7 billion.
For a recent comparison, the Baltimore Orioles were sold in 2024 for a reported $1.725 billion to private-equity executive David Rubinstein.
One possible friction point for potential buyers is the Twins’ $452 million in debts, according to multiple reports.
The late Carl Pohlad paid $44 million to buy the Twins. Since his death in 2009, his son Jim has been the controlling owner. Jim’s nephew, Joe Pohlad, has been handling primary administration responsibilities since 2022.