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Twins up for sale...


Lip Man 1

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37 minutes ago, Lip Man 1 said:

Multiple stories today say the Pohland family is putting the Twins up for sale.

All over the news now, including a reported valuation of $1.7B.

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"It’s complicated.

When Carl Pohlad purchased the Twins for $44 million in 1984, he was viewed as a savior

When the Pohlad family announced Thursday that it was looking into selling the team, folks acted as if they were being saved from low-budget baseball.

It’s hard to determine what the family’s legacy in the game should be, because there’s evidence over 40 years to support both views. Here’s mine.

The Twins won the American League Central last season and knocked off the Blue Jays in the first round of the playoffs, their first playoff series win since 2002. Fans were energized. A young core was coming together while established players in Byron Buxton and Carlos Correa made the lineup dangerous. They had the closest thing to an ace there is in Pablo Lopez to lead the rotation.

It was a good time to push more chips into the pot.

Add to the payroll, or just keep the payroll flat for 2024, and the Twins are still playing..."

https://www.startribune.com/pohlad-sell-minnesota-twins-family-legacy-mlb/601160358

Edited by caulfield12
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That wouldn't be a bad organization to buy.   There's plenty of competence where an owner doesn't have to mess with much.   Imagine if they got an owner that would spend money.  Jerry's team will be in the basement for a long time.

Their fans were frustrated but new ownership doesn't always makes things better - see Chicago White Sox.

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About the new Twins' 2025 TV partnership with games produced through MLB.com

 

In-market: Twins fans in the market area (Minnesota, North Dakota and parts of South Dakota, Iowa and Wisconsin) will have two options.

The first is a new, dedicated channel through cable or satellite television packages (the specific channels are TBD) that will primarily be dedicated to live coverage of Twins games, akin to similar arrangements in the three markets -- San Diego, Colorado and Arizona -- that had production and distribution agreements with MLB last season.

For the 2024 season, the cost was $99.99 for a full-season plan or $19.99 per month in those markets. This is separate from the existing out-of-market MLB.TV subscription, which fans can choose to purchase separately or in tandem.

“It will propel us into the future with a direct-to-consumer streaming option that our fans have been desperately asking for,” St. Peter said.

Out-of-market: Out-of-market fans can continue to watch the Twins with normal MLB.TV subscriptions from outside the blackout regions, as has already been the case.

Why choose league distribution?

The Twins had been monitoring organizational and fan response in the Colorado, Arizona and San Diego markets as the early adopters to the MLB model last season, and St. Peter said the Twins were pleased with the way the league has continued to evolve its production and distribution model.

Per the release, the Twins reached approximately 1.08 million households via their regional sports network last season, with that reach projected to expand to 4.4 million homes this season, an increase of 307%.

“We think Major League Baseball has done a really good job in producing those games,” St. Peter said. “The distribution has been there, and frankly, the fan feedback has been really positive. We felt like clarity for our fans was the most important thing that we could bring heading into 2025, realizing the uncertainty that we’ve been dealing with, really, since Opening Day of ‘23.”

https://www.mlb.com/twins/news/twins-broadcasts-distributed-by-mlb-2025

Edited by caulfield12
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On 10/10/2024 at 11:30 AM, JoeC said:

Can we come up with a tax-dodging scheme to make JR buy them and sell the Sox?

It would be a like-kind exchange, those are typically tax free as long as no money changes hands. Do it Jerry, the Pohlads can sell the White Sox instead.

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