MLB: ***2025 Minnesota Twins***
- Thread starter Marcelason78
- Start date
Not including any profit they made on various years, if the Pohlads get $1.5 billion, their return on investment is 7 to 8 percent over the 40 years. Could have made a lot more if they had been vested that $44 million in apple, but at least it wasn’t Enron and they got two World Series trophies.
I was wondering Mauer and Morneau, but honestly have no idea
Maure and Morneau. I think Joe was quoted as saying he would like to be owner of the Twins some day.
He could be a face of the franchise minority owner but no way he has the money much less the liquidity to have a majority stake.
Does he have enough capital to cover $1.5 Billion plus purchase price? Because there is no way a lender is going to put that on their books.
Probably not and I doubt his brother does either, but like an earlier post said, he could be a front for several minority owners.
Sorry. I didn’t read those. I just jumped to what I had seen as the latest page. Is it common practice to have a front man minority owner for an ownership group?
There are 20 current and former pro players who have ownership stakes in pro teams. Doesn't mean they have a controlling interest or make the decisions, though.
The Twins earned $54MM in TV revenues through Bally sports in 2023. Bally's owners (Diamond Sports Group) dropped them (along with 5 other MLB teams) due to a long-running bankruptcy process and MLB is taking over their broadcast rights for next season.
With MLB running things, they won't earn anywhere near that amount next season. I wouldn't expect things to turn around with the payroll anytime soon.
With MLB running things, they won't earn anywhere near that amount next season. I wouldn't expect things to turn around with the payroll anytime soon.
With ownership announcing their plan to sell, that's essentially a guarantee that spending is flat at best.
Rumors out of Minnesota is that Joe Mauer might be part of a group buying the Twins. Makes sense to have Joe involved. Local guy in the HOF.
