The Minnesota Twins, one of the storied franchises of Major League Baseball, are entering a new chapter as the Pohlad family, who have held ownership since 1984, have decided to explore the sale of the team. This decision marks the potential end of a significant era in the history of the franchise and the personal legacy of the Pohlad family in professional sports.
A Change in Ownership
Carl Pohlad, a prominent businessman, acquired the Twins nearly four decades ago for $43.5 million. Under his stewardship, the team achieved remarkable success, capturing World Series championships in 1987 and 1991. The franchise flourished with ten additional postseason appearances, reflecting not only the team's competitive spirit but also the steady leadership of the Pohlad family.
Today, the Minnesota Twins are valued at an impressive $1.46 billion, as per the latest Forbes valuations. The team's rich history, paired with its modern valuation, underscores the significant transformation under the Pohlad family's guidance.
The Pohlad Legacy
Joe Pohlad, reflecting on the lengthy association with the team, expressed the depth of connection his family has with the Twins: "For the past 40 seasons, the Minnesota Twins have been part of our family's heart and soul. This team is woven into the fabric of our lives, and the Twins community has become an extension of our family." His words echo a sentiment that encapsulates the profound relationship between the Pohlads and the Minnesota community.
The decision to potentially sell did not come lightly. Joe Pohlad explained, "After months of thoughtful consideration, our family reached a decision this summer to explore selling the Twins." This meticulous approach mirrors the care and deliberation the Pohlads have always shown in their stewardship.
Commitment to Transparency
Recognizing the emotional and symbolic importance of such a transition, the Pohlad family has prioritized transparency throughout the process. Joe Pohlad reassured stakeholders, stating, "Our goal is to be as informative as possible with the team, staff, and you, the fans. You deserve that, because in so many ways, this team doesn't belong to any one family – it belongs to all of you."
These commitments highlight the Pohlads’ dedication to ensuring that the community remains at the heart of the Minnesota Twins’ identity, even as they navigate the potential changes in ownership.
Looking Beyond Four Decades
The Minnesota Twins have been an integral part of the state since 1961, and this likely transition adds a new layer to their enduring legacy. With a recent record of 82-80 placing them fourth in the AL Central, the team stands at an inflection point, looking to the future both on and off the field.
Joe Pohlad's reflections offer insights into their intentions moving forward: "After four decades of commitment, passion, and countless memories, we are looking toward the future with care and intention – for our family, the Twins organization, and this community we love so much." This forward-looking focus ensures the continuity of the values that have long defined the franchise.
As the Pohlads consider bids and potential new owners, the shared hope among fans and the baseball community is that the essence of the Minnesota Twins, born of dedication and competitive spirit, will be preserved. While the future remains unwritten, the past four decades serve as a testament to the profound impact the Pohlads have had on baseball in Minnesota.