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Twins Sale Process Gains Momentum After 11-Player Roster Overhaul

Multiple bidder groups are engaging with the Pohlad family after the franchise slashed payroll to tackle a $450 million debt.

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May 4, 2025; Boston, Massachusetts, USA; Minnesota Twins relief pitcher Louie Varland (37) delivers a pitch during the seventh inning against the Boston Red Sox at Fenway Park. Mandatory Credit: Paul Rutherford-Imagn Images
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Overview

  • Sources say bids could emerge within weeks as the Pohlad family, with Allen & Company leading the process, seeks a $1.7 billion sale.
  • The front office executed an unprecedented deadline teardown, trading 11 players including star closer Jhoan Duran to the Phillies and shortstop Carlos Correa to the Astros.
  • The moves trimmed tens of millions in salary obligations to address a debt load estimated between $425 million and $452 million.
  • Bidding groups include a consortium led by former Twins players and local investors, all having visited Target Field for negotiations.
  • Fans have voiced anger on social media as the Twins, at 51–58 and out of playoff contention, begin a rebuild.