Minnesota Twins Sale Dead

Jim Pohlad - Minnesota Twins
Credit: David Berding-Imagn Images

This time one year ago, the Pohlad family — who have owned the Minnesota Twins since Carl Pohlad bought the team in 1984 — put the Major League Baseball organization that has represented the Land of 10,000 Lakes since 1961 up for sale.

But Wednesday morning, the dream Minnesota Twins fans have been sleeping on for the past year (likely much longer) officially died. In a statement sent out on their various social media accounts, the Pohlads announced that they are no longer selling the Major League Baseball team that they have owned for the past 41 years.

Pohlads take Minnesota Twins off the market

Instead, they are bringing in two new limited partners to join the ownership group. We do not know who those limited partners are yet, or what their roles within the organization will be. There was no mention of increased cash flow or improved financial security.

Instead, the Twins statement noted that these new minority partners are coming in to “strengthen the club in a rapidly evolving sports landscape” and that both will “bring a wealth of experience and share our family values”. So… does that mean these limited partners are cheap just like the Pohlads? Let’s hope not…

A LETTER FROM THE POHLAD FAMILY

“For more than four decades, our family has had the privilege of owning the Minnesota Twins. This franchise has become part of our family story, as it has for our employees, our players, this community, and Twins fans everywhere.

Over the past several months, we explored a wide range of potential investment and ownership opportunities. Our focus throughout has been on what’s best for the long-term future of the Twins. We have been fully open to all possibilities.

After a detailed and robust process, our family will remain the principal owner of the Minnesota Twins. To strengthen the club in a rapidly evolving sports landscape – one that demands strong partnerships, fresh ideas, and long-term vision – we are in the process of adding two significant limited partnership groups, each of whom will bring a wealth of experience and share our family values.

We see and hear the passion from our partners, the community, and Twins fans. That passion inspires us. This ownership group is committed to building a winning team and culture for this region, one that Twins fans are proud to cheer for.”

What does this mean and how did we get here?

Of course, the only hope that this announcement provides is the additional minority partners. In theory, you’d have to think they are being brought in to provide an influx of cash flow and year-over-year player salary commitments that were not possible, prior to their inclusion.

The problem with that theory, however, is that the Pohlads never do much of anything that makes sense. Because of that, we cannot trust that this pivot in priorities will benefit the fanbase at all, until we actually see it with our own eyes.

Related: Former GM Admits MN Twins Can’t Keep Top Tier Talent

When the Pohlads first announced their intent to sell the Minnesota Twins, fans were elated, especially after news broke that mega-billionaire, Justin Ishbia, was at the front of the new ownership line and on the fastrack to purchasing the team.

That was until just a few months later, when Ishbia dropped out of the running, in favor of an increased amount of minority stock he owned in the Chicago White Sox. Since then, fans have been strung along by the Pohlads, the MLB commissioner and those who cover the team.

While a sale did not come to fruition before or during the 2025 season, all parties involved assured fans that a deal was imminent and that the Pohlads supposedly had multiple interested suiters. But yet again, this family failed to come through for MN Twins fans… and now the future is more uncertain (and depressing) than ever.

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