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Twins Sale Process Quickens After Record Roster Teardown

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

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.