Minnesota Twins Are For Sale

Will Anyone Be Buying?

Bob Nightingale just broke the news that the Minnesota Twins are on the market. As they explore a potential sale, the Twins are expected to fetch a significant price, likely in the range of $1.5 to $1.7 billion. This comes after the Pohlad family, which has owned the team since 1984, decided to explore selling the franchise. The team’s long-term lease on Target Field (expected to expire in 2059) and its relatively stable financial position make the Twins an appealing prospect for potential buyers.

Recent MLB sales, such as the Baltimore Orioles for $1.725 billion in 2024 and the New York Mets for a record $2.475 billion in 2020, suggest that the Twins could get a deal in the $1.6-$2.0 billion range. If you are lazy like Brett, you will look for the first article and say that the team is worth $2.4 billion. There is no evidence for that; almost every site has them valued at $1.4 billion.

However, given the demand for an MLB team and the rarity of them coming up for sale, I can see someone paying more than asking.

If I had a gun to my head, I would say they sell for less than the Orioles. But, with inflation, I wouldn’t be surprised at a $1.8 billion sale.

For your pleasure, I added some recent MLB sales, Twin’s performance, and Twin’s payroll.

Recent MLB Sales

1. Los Angeles Dodgers (2012): Sold to Guggenheim Baseball Management for $2 billion​

2. San Diego Padres (2012): Sold to Peter Seidler's group for $800 million​

3. Seattle Mariners (2016): Sold to John Stanton for $1.26 billion​

4. Miami Marlins (2017): Sold to a group led by Bruce Sherman for $1.2 billion​

5. Kansas City Royals (2019): Sold to John Sherman for $1 billion​

6. New York Mets (2020): Sold to Steve Cohen for $2.475 billion​

7. Baltimore Orioles (2024): Sold to David Rubenstein for $ 1.725 billion

Recent Performance

• 2024- 82-80, 4th in AL Central.

• 2023: 87-75, AL Central champions, lost in ALDS.

• 2022: 78-84, 3rd in AL Central.

• 2021: 73-89, 5th in AL Central.

• 2020: 36-24, 1st in AL Central (COVID-shortened season), lost in Wild Card.

• 2019: 101-61, AL Central champions, lost in ALDS.

Payroll

• 2024: $130 million

• 2023: $156 million

• 2022: $134 million

• 2021: $125 million

• 2020: $131 million​

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