Pohlad Family Reaffirms $1.7 Billion Asking Price for Minnesota Twins

The renewed sale process faces challenges from the team's $425 million debt and narrowing buyer interest, with no immediate timeline for a deal.

The Pohlad family has restarted efforts to sell the Minnesota Twins, maintaining a $1.7 billion asking price for the franchise.
The team's $425 million debt, accrued largely since 2020, is a key factor influencing the high valuation.
Joe Pohlad, the team's executive chairman, reportedly prefers to retain control, complicating the sale process.
The list of potential buyers has narrowed, with a major investor withdrawing in February to focus on another MLB team.
Allen & Company, experienced in sports transactions, is managing the sale, but no immediate pressure exists to finalize a deal.