Minnesota Twins Sale Reportedly Gaining Steam… with Some Doubters

Minnesota Twins
Credit: David Berding-Imagn Images

The Minnesota Twins just completed one of the most insane selloffs in Major League Baseball history. Derek Falvey held up a sign to his fellow partners and simply said everything must go.

There was always an expectation that the impending free agents would move. Griffin Jax or Jhoan Duran seemed possible. It wasn’t one though, it was both. Then they paid $30 million to get rid of Carlos Correa for nothing, and threw in the uncostly Louie Varland for good measure.

Minnesota Twins
Credit: Bruce Kluckhohn-Imagn Images

It was truly a kick in the shorts to fans. I can confirm those within the clubhouse were also left fumbling for answers. Maybe this nightmare is almost over though.

Momentum gaining towards MN Twins sale

Recent reports suggested the Twins had finally found an anchor investor after Justin Ishbia bailed on his level of interest. How things progress now will be interesting, but an anonymous source told Front Office Sports things are moving.

Behind the scenes, there continues to be “momentum” toward a sale of the franchise, according to a source familiar with the matter.

The series of trades certainly shed millions of dollars in salary—which will financially benefit the Pohalds this year by lessening their salary obligations—but it is not expected to impact the sale process, a source tells Front Office Sports.

In fact, there could be news on that front in “within a matter of weeks,” the source said.

Front Office Sports

By parting out roughly $25 million in payroll this season, the Pohlad’s get to stretch their bank account a bit. The pettiness of dollars was on display in needing to tie Randy Dobnak’s $2 million to Chris Paddack, and Ty France’s $1 million to Louie Varland.

There is no way to sugarcoat just how deplorable the Pohlad family has become. For years they have treated the Minnesota Twins like a public hedge fun in which they do not at all care about fan interest. They are currently run by Joe Pohlad, who is nothing more than a byproduct of family lineage with failed ventures littering his resume.

We have not seen any substantive information as to who the interested party may be. At this point though, I can almost guarantee Twins fans would signup sight unseen for whoever the alternative is.

Related: Confirmed: Cheap Pohlads Ordered MN Twins’ Deadline Demolition

It’s sad how much the organization cratered fan interest following the 2023 postseason run. After Thursday’s debacle, it won’t return en masse until the overlords leave.

Conflicting reports on MN Twins exist

While Front Office Sports’ source uses momentum, there is some doubt into the legitimacy of that traction. David Shama talked with another anonymous source that says not so fast.

“I am told earlier in the week, a sale is NOT close, contrary to some recent reports. The Twins need a huge cash influx to contend. Some potential owners have backed off because of the debt in place. (Also,) heard through my MLB sources that there is infighting internally amongst the Pohlad family.”

Former Sports Executive – Sports Headliners

Obviously these are very conflicting reports, but there’s probably a level of validity here too. The differing interests of the Pohlad family, while some only see the team as a future payday, has been widely speculated.

MLB commissioner Rob Manfred said he’s expecting a deal to get done, but this thing has been on the market for nine months now. The Tampa Bay Rays have already found a buyer without a current or future stadium, and for a valuation that Minnesota is targeting.

As a whole, the gong show needs to end, and the only ones being taken through the ringer are fans emotionally invested in the product.

It could get worse for Minnesota Twins

If for some reason the Twins aren’t able to get a deal done, and soon, the Pohlad’s will govern the offseason. After the selloff at the trade deadline, the only guaranteed contracts on the books for 2026 are Pablo Lopez ($21.75M) and Byron Buxton ($15.14M).

The latter has indicated he isn’t going anywhere, though it would be hard to blame him if he changed his mind now. The former though, would immediately become a trade candidate. Joe Ryan, who the Twins nearly traded at the deadline, would join him as well.

Related: What to Make of the Craziest Trade Deadline in Minnesota Twins History

Because of the Pohlad’s unstable finances and failed business acumen, the franchise has absorbed $425 million in debt. Likely from other business ventures, they have passed the buck to the roster, and effectively the fans.

It can always get worse, and with this family in charge, no one wants to see the answer to the question of ‘how bad.’

Mentioned in this article:

More About:

0What do you think?Post a comment.