Pohlads will remain Minnesota Twins owners, family says

MINNEAPOLIS (FOX 9) – After considering offers to sell the team in recent months, the Pohlad family said in a statement on Tuesday they will remain the owners of the Minnesota Twins.

Pohlad family keeping team

What they’re saying:

In a statement, the Pohlad family said: “Over the past several months, we explored a wide range of potential investment and ownership opportunities. Our focus throughout has been on what’s best for the long-term future of the Twins. We have been fully open to all possibilities.”

However, after “a detailed and robust process,” the Pohlad family says it will remain the principal owners of the Minnesota Twins.

Dig deeper:

The Pohlad family says they will add “two significant limited partnership groups” to the fold with the team.

The statement says: “To strengthen the club in a rapidly evolving sports landscape – one that demands strong partnerships, fresh ideas, and long-term vision – we are in the process of adding two significant limited partnership groups, each of whom will bring a wealth of experience and share our family values.”

The transactions will be subject to approval by Major League Baseball.

Twins’ fire sale before trade deadline

Local perspective:

Many close to the Twins thought an ownership transition might be in the works after the front office traded 10 players in a 24-hour span before Major League Baseball’s trade deadline at the end of July. The Twins’ fan base has become increasingly frustrated with the Pohlad family after the franchise won its first playoff game and series in two decades two years ago, then the team’s payroll got slashed by $30 million amid uncertainty with their TV broadcast situation.

It led Twins’ fans to protest at Target Field at the end of last seasn.

On the field, the Twins are on pace to miss the American League Playoffs for the fourth time in five seasons.

MLBSportsMinnesotaNews