With the imminent sale of Tampa Bay rays in the baseball rear view mirror, another deductible transaction of the Minnesota Twins now assumes the projectors.
In October 2024, the three Pohlad brothers announced that they would pursue a sale of the team, which their father Carl bought in 1984. They expected to make an announcement by the day of opening 2025, but there was no news, which led some to speculate that no celebration was willing to respond to the asked price of Pohlad.
The Commissioner of the Major Baseball League, Rob Manfred, dissipated this rumor during the floor during the annual press conference of the Pré-Star Game Baseball Association of America.
“I know some things you don’t know,” said Manfred. “I can tell you with great confidence that there will be a transaction there, and it will be in accordance with the type of price that has taken place. There will be a transaction.”
The delay was launched in June when the buyer probably Justin Ishbia decided against the purchase and rather increased his minority share of his hometown of Chicago White Sox by five percent to 35%. Ishbia is also a co -owner of the NBA Phoenix Suns.
“It’s a small business, right? All these bankers there – there are not many, and they all talk to each other,” said Manfred. “When it becomes clear that you have a leader in the clubhouse, everyone is backing up, right? Because they have an idea of the price, and unless they are ready to complete it, they will move on and do something else.”
Tampa Bay owner Stuart Sternberg recently accepted a sale of $ 1.7 billion for his franchise and over a year ago, Baltimore Orioles were bought from the Angelos family for $ 1.725 billion.
“We just need to be patient while they are reworking,” said Manfred.
– field level media
