Overview

• After exploring full-sale options, the Pohlad family has opted to bring in two limited-partnership investor groups instead.
• One group comprises Twin Cities-based investors and the other an unnamed East Coast family with no future control rights.
• The funds raised will pay down approximately $400 million of team debt at an implied valuation at or above $1.7 billion.
• Each agreement bars a path to control and awaits Major League Baseball approval before completion.
• The announcement follows a significant roster teardown at the trade deadline and MLB’s takeover of Twins game production after Diamond Sports Group’s struggles.