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Twins Ownership Bid Lingers as Franchise Clears Roster and Buxton Commits to Stay

Prospective owners have signed NDAs and toured Target Field in a drawn-out bidding phase.

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Overview

  • The Pohlads enlisted Allen & Company to vet suitors, but once Justin Ishbia emerged as a front-runner, other bidders backed away and no sale has closed.
  • Commissioner Rob Manfred has reiterated that a transaction will occur and align with valuations seen in recent Rays and Orioles sales.
  • In the lead-up to the deadline, Minnesota traded 11 players—more than 40 percent of its roster—to reduce payroll for prospective owners.
  • Those deadline moves cut $26 million from the 2025 payroll and shifted $71 million of Carlos Correa’s remaining contract off the books.
  • All-Star center fielder Byron Buxton rejected trade overtures from at least six teams and insisted he plans to remain in Minnesota.