Particle.news

Download on the App Store

Twins Sale Process Quickens After Record Roster Teardown

Clearing tens of millions in salary commitments has attracted formal bids from high-profile purchasers.

BOSTON, MASSACHUSETTS - AUGUST 01: Masataka Yoshida #7 of the Boston Red Sox reacts after being hit by a pitch during the seventh inning of a game against the Houston Astros at Fenway Park on August 01, 2025 in Boston, Massachusetts.
Image
Image
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

Overview

  • The front office traded 11 players in a week, including closer Jhoan Duran and shortstop Carlos Correa, to cut costs and streamline finances for a prospective sale.
  • Allen & Company is overseeing the $1.7 billion transaction, with bidders such as Glen Taylor, Marty Davis, Jim Hays and a consortium of former Twins stars submitting formal offers.
  • The aggressive cost-cutting addressed the franchise’s $425–$452 million debt load, one of the largest in Major League Baseball.
  • Fans have voiced anger on social media over the teardown while center fielder Byron Buxton publicly reaffirmed his intention to remain with the club.
  • Prospective buyers have completed site visits at Target Field and the sale is projected to close by mid-2025 pending league approval.