Minnesota Twins announce plans for sale after 40 years in the Pohlad family

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Minnesota Twins announce plans for sale after 40 years in the Pohlad family
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The Pohlad family says it plans to sell the Minnesota Twins after 40 years of ownership

Miami Marlins' Griffin Conine hits a two-run single during the 13th inning of a baseball game against the Minnesota Twins, Thursday, Sept. 26, 2024, in Minneapolis. After 40 years of owning the Minnesota Twins, the Pohlad family said Thursday it plans to sell the team.

There also have been frustrations — the Twins finally broke an 18-game postseason losing streak last year. “However, after months of thoughtful consideration, our family reached a decision this summer to explore selling the Twins. As we enter the next phase of this process, the time is right to make this decision public."

But being close to greater success has been part of the frustration from a fanbase that has wanted the franchise to take another step. After the successful 2023 season, the team faced a loss in local television revenue due to the bankruptcy of cable network Bally Sports. Pohlad then ordered a spending cut that amounted to a nearly $30 million salary decrease — something that rankled fans who have long been frustrated with the family for its conservative approach to player spending.

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