Pohlad Family to Sell Minnesota Twins After 40 Years

The family has hired Allen & Company to explore the sale, valuing the franchise between $1.5 and $2 billion.

The Pohlad family, owners since 1984, announced their decision to sell the Twins after months of consideration.
The Twins are valued at $1.7 billion by Sportico and between $1.5 and $2 billion by Forbes, marking a significant return on the original $44 million purchase.
The franchise, which has won two World Series titles under the Pohlad ownership, recently faced financial challenges due to local TV revenue losses.
Despite a strong start, the Twins finished the 2024 season with an 82-80 record, missing the playoffs after a late-season slump.
The sale process is expected to take several months, with Allen & Company guiding the search for a new ownership group committed to the team and community.