Overview

• The Pohlads halted their year-long majority-sale process and confirmed they will remain the principal owners of the Minnesota Twins.
• Two unnamed limited-partnership groups, including Twin Cities locals and an East Coast family, will acquire minority stakes in the franchise.
• The new investors will join a corporate board for strategy and decision-making but will have no route to future control.
• Sportico valuations place the Twins at $1.7 billion, with the recent deals implying an even higher franchise worth.
• Major League Baseball approval is required before the minority-stake transactions can be completed.