Pohlad Family to Explore Sale of Minnesota Twins Valued at $1.5 Billion After 40 Years

Oct 10, 2024, 04:26 PM

The Pohlad family has announced their intention to explore the sale of the Minnesota Twins after 40 years of ownership. The decision, which was reached this summer, was made public by executive chair Joe Pohlad. The Twins, valued at approximately $1.5 billion to nearly $1.7 billion according to Sportico, have been under the Pohlad family's ownership since 1984. Allen & Company has been hired to assist with the exploration of the sale. This potential sale marks a significant moment for the franchise, which has not seen a change in ownership since 1919.