Twins kept by Pohlads with minority partners

The Twins owners chose to retain control while bringing in minority investors to help repay a heavy debt burden, signaling a partial pivot from a full sale.

Pohlads keep Twins control with minority partners amid debt

The Pohlad family ended a nearly yearlong effort to sell the Minnesota Twins and announced they will keep control of the debt ridden franchise. They added two minority investors who together own more than 20 percent, a move that will require MLB approval and could set a new governance dynamic without surrendering majority control. The cash infusion is expected to help pay down more than $425 million in debt, a priority as the team weighs how to balance competitive payroll with a tight budget.

The decision comes after a season of fan frustration and a trade deadline that sent 10 players away as the front office sought cost relief. Attendance has sagged and concerns over media rights deals linger. The Pohlad family said the deal was about stabilizing finances while keeping a long term focus on winning, recognizing that public reaction remains mixed with supporters hoping the ownership stays committed to rebuilding the roster.

The move to retain control while adding minority investors changes the ownership dynamics without fully conceding control to outside partners. It could stabilize the franchise by reducing debt and diversifying input, but it also risks fueling fan suspicion that the team will avoid bold, long term investments to chase a quick fix.

Governance will be key. The minority partners will join the board but the Pohlads keep decision making, which preserves consistency yet leaves open questions about influence on player spending, payroll strategy, and where the franchise goes after the current generation of stars.

Highlights

Time will tell if the financial fix translates into a refreshed promise on the field.