Current:Home > ScamsEthermac|Minnesota Twins announce plans for sale after 40 years in the Pohlad family -WealthRoots Academy
Ethermac|Minnesota Twins announce plans for sale after 40 years in the Pohlad family
SafeX Pro Exchange View
Date:2025-04-07 11:48:58
After 40 years of owning the Minnesota Twins,Ethermac the Pohlad family said Thursday it plans to sell the team.
The Twins have had great triumphs on the family’s watch. With Kirby Puckett leading the way, Minnesota won World Series titles in 1987 and 1991. Since the turn of the century, the Twins have won the American League Central Division title nine times and claimed a wild card spot once.
There also have been frustrations — the Twins finally broke an 18-game postseason losing streak last year.
“For the past 40 seasons, the Minnesota Twins have been part of our family’s heart and soul,” Twins executive chair Joe Pohlad, a third-generation owner, said in a statement. “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 — everyone who makes up this unbelievable organization — is part of that. We’ve never taken lightly the privilege of being stewards of this franchise.
“However, after months of thoughtful consideration, our family reached a decision this summer to explore selling the Twins. As we enter the next phase of this process, the time is right to make this decision public.”
The Twins have been competitive in recent years — they went 87-75 and made the playoffs in 2023 and won a playoff series for the first time since 2002. The manager, Rocco Baldelli, has led the team to three division titles in six years.
But being close to greater success has been part of the frustration from a fanbase that has wanted the franchise to take another step. After the successful 2023 season, the team faced a loss in local television revenue due to the bankruptcy of cable network Bally Sports. Pohlad then ordered a spending cut that amounted to a nearly $30 million salary decrease — something that rankled fans who have long been frustrated with the family for its conservative approach to player spending. The Twins went 82-80 this season, missing the playoffs after a late-season collapse.
The Minnesota Twins started play in the American League in 1961 after the Washington Senators relocated to the Minneapolis area.
Pohlad said he recognizes the team’s importance to the area, and that will be a consideration in the process.
“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,” he said.
___
AP MLB: https://apnews.com/hub/MLB
veryGood! (2)
Related
- 'Most Whopper
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Open Wide
- Nearly 50 people have been killed, injured in K-12 school shootings across the US in 2024
- First and 10: How FSU became FIU, Travis Hunter's NFL future and a Big Red moment
- The White House is cracking down on overdraft fees
- Rory McIlroy, Scottie Scheffler to face Bryson DeChambeau, Brooks Koepka in TV battle
- Team USA's Tatyana McFadden wins 21st career Paralympic medal
- New To Self-Tan? I Tested and Ranked the Most Popular Self-Tanners and There’s a Clear Winner
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- What Would Summer House's Jesse Solomon Do on a Date? He Says...
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- 4 confirmed dead, suspect in custody after school shooting in Georgia
- Queen guitarist Brian May suffered minor stroke, lost 'control' in his arm
- Will Taylor Swift attend the Chiefs game Thursday against the Ravens? What we know
- Arkansas State Police probe death of woman found after officer
- Hoda Kotb Celebrates Her Daughters’ First Day of School With Adorable Video
- Can the city of Savannah fine or jail people for leaving guns in unlocked cars? A judge weighs in
- Tribal leaders push Republican Tim Sheehy to apologize for comments on Native Americans
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
A Minnesota man whose juvenile murder sentence was commuted is found guilty on gun and drug charges
Man charged in death of dog breeder claims victim was killed over drug cartel
Maryland will participate in the IRS’s online tax filing program
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Daniel Craig opens up about filming explicit gay sex scenes in new movie 'Queer'
As Columbus, Ohio, welcomes an economic boom, we need to continue to welcome refugees
NASA is looking for social media influencers to document an upcoming launch