Back to the Minnesota Twins Newsfeed

Initially discouraging update may actually have massive impact on future Twins sale

Hopefully, in the near future, a group other than the Pohlad family will have majority ownership of the Twins.

2024 Minnesota Twins Spring Training | Brace Hemmelgarn/GettyImages

Pohlad family will significantly reduce Twins' debt with addition of minority investors

The Pohlad family is expected to announce this week that they've finalized a sale of more than 20 percent of the Minnesota Twins franchise at a $1.75 billion valuation, according to The Athletic's Dan Hayes. The transaction will help the franchise reduce its $500 million in debt, which may lead to a sale of the team in the future, Hayes wrote.