Lip Man 1 Posted August 13 Share Posted August 13 https://www.mlb.com/news/pohlad-family-to-remain-principal-owner-of-twins Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted August 15 Share Posted August 15 Previous reports out of The Athletic claim that the Twins’ colossal-size debt was racked up by a combination of the shortened 2020 COVID season, baseball operations, the end of their TV partnership with Bally Sports North. Joe Pohlad added “investments in the fan experience” to that list, while talking to the Star Tribune. Pohlad acknowledged that the team has accumulated significant debt since the summer of 2020…That red ink totals as much as $400 million, according to a report published by The Athletic, through baseball operations, the expiration of their $54 million-a-year TV deal with Diamond Sports Group and “investments in the fan experience” at Target Field, Pohlad said. “As far as I’m aware, that debt was not a hindrance in this process,” Pohlad said. “But with this transaction, we’re going to be paying that debt down.” nypost.com/sports Quote Link to comment Share on other sites More sharing options...
77 Hitmen Posted August 16 Share Posted August 16 On 8/15/2025 at 7:06 AM, caulfield12 said: Previous reports out of The Athletic claim that the Twins’ colossal-size debt was racked up by a combination of the shortened 2020 COVID season, baseball operations, the end of their TV partnership with Bally Sports North. Joe Pohlad added “investments in the fan experience” to that list, while talking to the Star Tribune. Pohlad acknowledged that the team has accumulated significant debt since the summer of 2020…That red ink totals as much as $400 million, according to a report published by The Athletic, through baseball operations, the expiration of their $54 million-a-year TV deal with Diamond Sports Group and “investments in the fan experience” at Target Field, Pohlad said. “As far as I’m aware, that debt was not a hindrance in this process,” Pohlad said. “But with this transaction, we’re going to be paying that debt down.” nypost.com/sports It makes me wonder how many teams are that deep in debt. I believe it's been reported that the Sox have something like $200M in debt. I'm guessing they're not the only two teams with 9-figure debts. Covid was a huge, but one-off event. On the other hand, the collapse of the RSN money stream is having a huge impact on the economics in MLB. For example, the Cardinals old RSN deal with Fox Sports Midwest was for something like $1B before that network filed for bankruptcy. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted August 18 Share Posted August 18 (edited) x.com/AaronGleeman/status/1957132873766510696/photo/1 Looks like ace Joe Ryan almost traded to Boston at the deadline, Lopez and Ober are next to go? Edited August 18 by caulfield12 Quote Link to comment Share on other sites More sharing options...
kitekrazy Posted October 2 Share Posted October 2 we darn, that leaves some of us out who were going to pool up our money and we could say we own a baseball team. Quote Link to comment Share on other sites More sharing options...
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