Source: Minnesota Star Tribune
“Joe Pohlad rejected the notion last February that his family might consider selling the Twins, saying ‘it’s not something that interests us.’ It is now. Pohlad, grandson of the family patriarch who bought the state’s Major League Baseball team four decades ago, announced on Thursday that ‘after months of thoughtful consideration, our family reached a decision this summer to explore selling the Twins.’ … A sale, which could net Carl Pohlad’s three sons and eight grandchildren more than $1.5 billion, typically takes about six months, from identifying potential buyers to negotiating the terms to receiving approval of Major League Baseball’s other 29 owners.” (10/10/24)