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New Minnesota Twins Forbes Valuation Won’t Help Pohlads… or Fans
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- New Minnesota Twins Forbes Valuation Won’t Help Pohlads… or Fans
Matt Krohn-Imagn Images
The Minnesota Twins 2025 regular season will begin on Thursday in St. Louis vs the Cardinals . It's only the second time in franchise history that they have opened the season vs a National League team, the other coming in 2021 vs the Brewers . Both have been/will be on the road.
Consequences of playing an interleague game are far less than they used to be, after the NL added the designated hitter to their lineups for the 2022 season. Nonetheless, it's a fun little Opening Day quirk in the schedule. And if the Twins aren't going to play at Target Field, Busch Stadium is a good consolation park for games 1, 2 and 3 of 162.
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Expectedly, the start of the 2025 MLB regular season comes rife with controversy surrounding our favorite baseball team. Not only are the MN Twins operating on a limited budget and while dealing with key spring injuries, but the Pohlad ownership group is going on six months trying to sell the organization to the highest bidder.
Pohlad family struggling to get asking price for Minnesota Twins
Credit: Jeffrey Becker-Imagn Images
Of course, that last part isn't bad news. Minnesota Twins fans have been begging for the Pohlads to sell the team for years, possibly even decades, depending on who you ask. The highest bids sent in so far, however, have not reached a price point worthy of the Pohlads' consideration.
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A new report out of The Athletic this week let it be known that, last week, the Pohlads pretty much flushed serious offers of $1.5 billion right down the Target Field Toilet, as a "non-starter". According to The Athletic's report, along with a few others , the Pohlad family will take nothing less than $1.7-$1.8 billion, citing over $400 million of debt they have on the books.
Last Wednesday, the firm leading the sale process requested groups submit proposals with intent of interest, with multiple parties clearing that bar, those sources said. The Twins, in talks with one interested group, deemed a $1.5 billion valuation a non-starter.
That's why Wednesday was a big day for everyone involved in the Minnesota Twins sale discussions. The Pohlads' biggest price point problem , and why offers are struggling to breach $1.5B, has been independent valuations of the business, which have had the Twins organization worth approximately $1.4 billion since 2023.
New Forbes valuation won't help…
One of those independent entities — probably the most important — is Forbes, which pinned the Twins at $1.46 billion in the spring of 2024 . This morning, though, Forbes' valuation of the MN Twins was updated.
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Unfortunately, not just for the current owners, but for everyone who cares about the Twins, their fresh new $1.5 billion valuation is not what those written into the Pohlad Family Trust were hoping for. More than likely, Forbes' update will not bring down the Pohlads' asking price, something they made very clear earlier this week.
Minnesota Twins – $1.5 billion
One-Year Change: 3% | Operating Income: $5 million | Owner: Pohlad family
Credit: Forbes
How bad is the $1.5 billion valuation? Well, it ranks the MN Twins as the 23rd most valuable organization in the league, according to Forbes . They're even behind teams like the Oakland/Vegas Athletics ($1.8B), Baltimore Orioles ($1.9B), Chicago White Sox ($2B), Milwaukee Brewers ($1.7B) and the Detroit Tigers ($1.55B).
Related: Old Friend Makes Minnesota Twins Final Opening Day Roster
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The Minnesota Twins are still expected to be sold, at some point. Any hopes that it would happen this season, either before or after the midseason MLB Trade Deadline, however, get slimmer and slimmer with every day that passes without an offer closer to the $1.7 billion asking price.
