southsider2k5 Posted Friday at 07:39 PM Share Posted Friday at 07:39 PM On topic, The Celtics were just sold for $6.1 billion. Look the bubble for the sports market could burst any time, but it sure hasn't done so yet. Quote Link to comment Share on other sites More sharing options...
ptatc Posted Friday at 07:46 PM Share Posted Friday at 07:46 PM On 3/21/2025 at 7:39 PM, southsider2k5 said: On topic, The Celtics were just sold for $6.1 billion. Look the bubble for the sports market could burst any time, but it sure hasn't done so yet. Expand It will be interesting to see what the twins sell for now that the front runner for the purchase dropped out. Quote Link to comment Share on other sites More sharing options...
Texsox Posted Friday at 10:17 PM Share Posted Friday at 10:17 PM On 3/21/2025 at 7:46 PM, ptatc said: It will be interesting to see what the twins sell for now that the front runner for the purchase dropped out. Expand It's always the second highest bidder that sets the price. Quote Link to comment Share on other sites More sharing options...
WBWSF Posted Friday at 10:31 PM Share Posted Friday at 10:31 PM I'm still hoping new ownership will take over sooner rather than later. The franchise needs a shot in the arm. If anybody doubts me go look at the advance ticket sale on ticketmaster for the White Sox home opener. It looks like half of the stadium is not sold out. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted Friday at 10:33 PM Share Posted Friday at 10:33 PM On 3/21/2025 at 10:31 PM, WBWSF said: I'm still hoping new ownership will take over sooner rather than later. The franchise needs a shot in the arm. If anybody doubts me go look at the advance ticket sale on ticketmaster for the White Sox home opener. It looks like half of the stadium is not sold out. Expand Not much to be excited about or entertained by other than milk shakes and opponents. Quote Link to comment Share on other sites More sharing options...
ptatc Posted Saturday at 12:15 AM Share Posted Saturday at 12:15 AM On 3/21/2025 at 10:33 PM, caulfield12 said: Not much to be excited about or entertained by other than milk shakes and opponents. Expand Brisket curds. 2 Quote Link to comment Share on other sites More sharing options...
poppysox Posted Saturday at 01:25 AM Share Posted Saturday at 01:25 AM On 3/21/2025 at 10:31 PM, WBWSF said: I'm still hoping new ownership will take over sooner rather than later. The franchise needs a shot in the arm. If anybody doubts me go look at the advance ticket sale on ticketmaster for the White Sox home opener. It looks like half of the stadium is not sold out. Expand I know it's getting late but I always thought this deal would close by the end of ST. Just makes no sense for JR to hang on to his "managing partner" title while doing nothing to improve this club. He can give up operational control while having little or no tax consequences. Quote Link to comment Share on other sites More sharing options...
ptatc Posted Saturday at 01:33 AM Share Posted Saturday at 01:33 AM On 3/22/2025 at 1:25 AM, poppysox said: I know it's getting late but I always thought this deal would close by the end of ST. Just makes no sense for JR to hang on to his "managing partner" title while doing nothing to improve this club. He can give up operational control while having little or no tax consequences. Expand I think it's going to be a around 5 years give or take a couple. Quote Link to comment Share on other sites More sharing options...
Lip Man 1 Posted Saturday at 01:40 AM Share Posted Saturday at 01:40 AM On 3/22/2025 at 1:25 AM, poppysox said: I know it's getting late but I always thought this deal would close by the end of ST. Just makes no sense for JR to hang on to his "managing partner" title while doing nothing to improve this club. He can give up operational control while having little or no tax consequences. Expand That's the point though he still wants to retain absolute control. Quote Link to comment Share on other sites More sharing options...
BrittBurnsFan Posted Saturday at 01:43 AM Share Posted Saturday at 01:43 AM On 3/22/2025 at 1:33 AM, ptatc said: I think it's going to be a around 5 years give or take a couple. Expand I assumed a year or two...figure it is cordial and involving polite discussions and mutual respect. Convinced JR offered a plan that led to Ishbias backing away from MSP...and in return the Ishbias are going to let JR set the pace of transition...and a timeline that is most likely already set. Just a guess though...I don't have much experience in the lives of billionaires! 😁 Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted Saturday at 01:43 AM Share Posted Saturday at 01:43 AM On 3/22/2025 at 1:40 AM, Lip Man 1 said: That's the point though he still wants to retain absolute control. Expand He's continuing to drive down value of his shares though..if the next wave of prospects struggles or "Getz" injured, he will have no recourse remaining. Quote Link to comment Share on other sites More sharing options...
ptatc Posted Saturday at 01:44 AM Share Posted Saturday at 01:44 AM On 3/22/2025 at 1:40 AM, Lip Man 1 said: That's the point though he still wants to retain absolute control. Expand Yep. He will until he is ready to leave. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted Saturday at 01:47 AM Share Posted Saturday at 01:47 AM On 3/22/2025 at 1:44 AM, ptatc said: Yep. He will until he is ready to leave. Expand Another 110+ loss season will do it. All that's left is trading Robert and a #10 draft pick in June won't move the meter. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted yesterday at 06:05 AM Share Posted yesterday at 06:05 AM According to a report from Dan Hayes, Ken Rosenthal and Brittany Ghiroli at The Athletic, the Pohlads are “believed” to have an asking price of at least $1.7 billion. The Athletic writes that the Pohlads viewed a $1.5 billion purchase price that was floated by one potential buyer to be “a non-starter” in discussions. Last year, Forbes estimated the club’s value around $1.46 billion. Sportico’s 2024 valuation was more in line with the apparent asking price, as that publication valued it at approximately $1.7 billion. The Orioles, the most recent franchise sold, went for a $1.725 billion purchase price in January 2024. Interestingly, The Athletic writes that Twins executive vice president Joe Pohlad prefers to keep control of the organization. The 42-year-old Pohlad only took over daily operations in November 2022. His grandfather Carl Pohlad purchased the team for $44MM back in 1984. After Carl Pohlad died in 2009, his son Jim (Joe’s uncle) took control. Jim Pohlad turned over operations to his nephew 13 years later. It seems there’s varying levels of interest within the family about selling the team. mlbtraderumors.com Quote Link to comment Share on other sites More sharing options...
ewokpelts Posted 59 minutes ago Share Posted 59 minutes ago On 3/25/2025 at 6:05 AM, caulfield12 said: According to a report from Dan Hayes, Ken Rosenthal and Brittany Ghiroli at The Athletic, the Pohlads are “believed” to have an asking price of at least $1.7 billion. The Athletic writes that the Pohlads viewed a $1.5 billion purchase price that was floated by one potential buyer to be “a non-starter” in discussions. Last year, Forbes estimated the club’s value around $1.46 billion. Sportico’s 2024 valuation was more in line with the apparent asking price, as that publication valued it at approximately $1.7 billion. The Orioles, the most recent franchise sold, went for a $1.725 billion purchase price in January 2024. Interestingly, The Athletic writes that Twins executive vice president Joe Pohlad prefers to keep control of the organization. The 42-year-old Pohlad only took over daily operations in November 2022. His grandfather Carl Pohlad purchased the team for $44MM back in 1984. After Carl Pohlad died in 2009, his son Jim (Joe’s uncle) took control. Jim Pohlad turned over operations to his nephew 13 years later. It seems there’s varying levels of interest within the family about selling the team. mlbtraderumors.com Expand I doubt twins fans are happy to hear that Joe wants to be involved after the sale. Quote Link to comment Share on other sites More sharing options...
ewokpelts Posted 27 minutes ago Share Posted 27 minutes ago Let’s not forget Jerry’s kids are still buying shares of the club from other investors. Quote Link to comment Share on other sites More sharing options...
Harold's Leg Lift Posted 13 minutes ago Share Posted 13 minutes ago 33 minutes ago, ewokpelts said: Let’s not forget Jerry’s kids are still buying shares of the club from other investors. Expand They sure are. I wonder how many of those shares were involved in the Ishbia purchase. Quote Link to comment Share on other sites More sharing options...
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