The Minnesota Twins are for sale.
After owning the team for 40 seasons, the Pohlad family said in a statement on social media Thursday that they would consider selling the franchise.
“For the past 40 seasons, the Minnesota Twins have been part of the heart and soul of our family,” Twins executive chairman and third-generation owner Joe Pohlad said in a statement.
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“This team is woven into the fabric of our lives, and the Twins community has become an extension of our family. The staff, the players, and most importantly, you, the fans, this incredible “Everyone who makes up this organization is one of us. We have never taken lightly the privilege of being stewards of this franchise,” the statement read.
Under Pohlad family ownership, the Twins won two World Series in 1987 and 1991. The Twins won nine America Central titles and one wild card berth.
“After several months of thoughtful consideration, our family has reached the decision to explore the sale of the Twins this summer. As we enter the next stage of this process, the time is right to announce this decision publicly. ” the statement continued.
The Twins are coming off a season in which they finished 82-80, but missed the playoffs with a 9-18 record in September.
The roof of Tropicana Field, home of MLB’s Tampa Bay Rays, is torn off by Hurricane Milton.
Rocco Baldelli will remain as manager next season. He coached the team for six seasons, leading the Twins to three AL Central Division championships.
Baldelli also led the Twins to a playoff series win in 2023, their first playoff series win since 2002.
Despite the success in 2023, Pohlad ordered spending cuts, amounting to about $30 million in annual salary reductions, as the team faced a loss of local TV revenue due to the bankruptcy of cable network Bally Sports. It became.
Pohrad said he recognizes the team’s importance to the region and that will be taken into account in the process.
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“After 40 years of dedication, passion, and countless memories, we look to the future with care and intention for our family, the Twins organization, and this community we love so much.” said in a statement.
The Twins have been based in Minnesota since 1961, after the Washington Senators moved to the Minneapolis area.
“We truly respect and value what the Twins mean to Minneapolis, St. Paul, the great state of Minnesota, and our entire region. Our goal is to help our team, staff, and fans do what they do best. In many ways, this team doesn’t belong to any one family, it belongs to all of you.”
The Associated Press contributed to this report.
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