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Baseball

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DJ Synikus Makisimus

(1,077 posts)
Thu Oct 10, 2024, 01:54 PM Oct 2024

Minnesota Twins for Sale As Pohlad Family Hires Allen & Company [View all]

https://www.sportico.com/business/team-sales/2024/minnesota-twins-for-sale-pohlad-family-1234800592/
also:
Pohlad family will sell Twins after 40 years of ownership
https://www.startribune.com/minnesota-twins-sale-pohlad-family-mlb-calvin-griffith/601160089
and:
Game-Changer: Pohlad Family Announces They Will Explore Selling Twins
https://twinsdaily.com/news-rumors/minnesota-twins/game-changer-pohlad-family-announces-they-will-explore-selling-twins-r17203/

Because there are bigger/wealthier sports markets than the Twin Cities, my questions are: will they stay or will they move; and what sort of ownership structure will ultimately take control? Will some or another investment fund/equity capital firm will buy it, strip it of all assets, and leave the rest to bankruptcy court? There was a suggestion many years ago that the club be "contracted" (eliminated) as part of a move to make baseball "more efficient" by eliminating its small markets.
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