Sports
Pohlads Are Looking To Sell The MN Twins
The Pohlads announced Thursday that they are looking to sell the Minnesota Twins after 40 years of ownership.
MINNEAPOLIS — The Pohlad family is looking to sell the Minnesota Twins after 40 years of ownership. Carl Pohlad bought the team in 1984.
"After months of thoughtful consideration, our family reached a decision this summer to explore selling the Twins," Twins Executive Chair Joe Pohlad said in a statement Thursday.
"As we enter the next phase of this process, the time is right to make this decision public."
Find out what's happening in Minneapolisfor free with the latest updates from Patch.
The franchise is valued at $1.46 billion, according to Forbes. People interested in buying the club are asked to contact Steve Greenberg of Allen & Company.
"We truly respect and cherish what the Twins mean to Minneapolis, St. Paul, the great state of Minnesota, and this entire region," Pohlad's statement continued.
Find out what's happening in Minneapolisfor free with the latest updates from Patch.
"Our goal is to be as informative as possible with the team, staff, and you, the fans. You deserve that, because in so many ways, this team doesn’t belong to any one family – it belongs to all of you. It’s our objective to find an ownership group who all of us can be proud of and who will take care of the Minnesota Twins."
This is a breaking news story.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
