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OT- Sad Day For Twins Fans!
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08-13-2025, 12:58 PM
Sure, right after incinerating the team, assholes!  Twins owners decide to keep team after exploring sale: 'The franchise has become part of our family story' "We see and hear the passion from our partners, the community and Twins fans. That passion inspires us. This ownership group is committed to building a winning team and culture for this region, one that Twins fans are proud to cheer for." https://sports.yahoo.com/mlb/article/twi...05452.html Bullshit…!!! ![[-]](https://vikefans.com/forums/images/duende_v3_local/collapse.png)
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08-13-2025, 02:43 PM
sad day indeed...
Only thing I can read into it is that they didnt get an offer that put enough $$ in their pockets. F' them....Now they're talking about fielding a winning team after one of the great garage sales in recent MLB history. They can GTH...
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08-13-2025, 02:57 PM
They must not have gotten an offer to offset the debt they dumped on the Twins books. Fuck the Pohlad's and their entire family, may they rot in hell. Attendance will drop because they don't care about the game, it's the bottom line they are most concerned with. They lost a lot of the fans today with this stupid announcement.
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08-13-2025, 03:02 PM
Only the Rockies owners are worse. Be nice to have the NFL's best owners come save one of our sorry teams. Say, Zyg, you like mountains? Rocks lost 103 games two years ago. 101 games the year before. Almost unfathomably, they're on pace to beat both marks this year. You can buy the Rockies for 1/4 the value of the Vikings. Pocket change.
08-13-2025, 03:03 PM
(08-13-2025, 02:57 PM)Greylock Wrote: They must not have gotten an offer to offset the debt they dumped on the Twins books. Fuck the Pohlad's and their entire family, may they rot in hell. Attendance will drop because they don't care about the game, it's the bottom line they are most concerned with. They lost a lot of the fans today with this stupid announcement. I read somewhere that the Covid year of no fans cost them around $400mm in debt on the books So these "new partners" help in that payoff.
08-13-2025, 03:16 PM
(08-13-2025, 03:02 PM)MaroonBells Wrote: Only the Rockies owners are worse. Be nice to have the NFL's best owners come save one of our sorry teams. Say, Zyg, you like mountains? Rocks lost 103 games two years ago. 101 games the year before. Almost unfathomably, they're on pace to beat both marks this year. You can buy the Rockies for 1/4 the value of the Vikings. Pocket change. I know you are joking, but there used to be a rule about owning other professional franchises in other cities. Not sure if that changed.
08-13-2025, 03:25 PM
(08-13-2025, 03:16 PM)greediron Wrote: I know you are joking, but there used to be a rule about owning other professional franchises in other cities. Not sure if that changed. Not sure if there was an old rule preventing that. But the way it is now, owners can't own two teams in the same league, but they can teams in different leagues and cities. For example, the guy who owns the LA Rams also owns the Colorado Avs and the Denver Nuggets.
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08-13-2025, 04:13 PM
(08-13-2025, 03:25 PM)MaroonBells Wrote: Not sure if there was an old rule preventing that. But the way it is now, owners can't own two teams in the same league, but they can teams in different leagues and cities. For example, the guy who owns the LA Rams also owns the Colorado Avs and the Denver Nuggets. The Wilfs already own Pro Soccer franchises (Mens and Womens) in Orlando.
08-13-2025, 04:30 PM
(08-13-2025, 03:25 PM)MaroonBells Wrote: Not sure if there was an old rule preventing that. But the way it is now, owners can't own two teams in the same league, but they can teams in different leagues and cities. For example, the guy who owns the LA Rams also owns the Colorado Avs and the Denver Nuggets. It must have changed then. I remember something about it back when the Vikings were sold by McCombs I think.
08-13-2025, 04:55 PM
New partners allow Pohlads to tap ‘hidden profits’
By bringing in minority partners, the Pohlad family can tap into the Twins “hidden profits” without losing control of the team, according to a sports economist. The Pohlads said Wednesday that while they didn’t unload the Twins outright as planned, they sold minority shares to two unnamed investor groups, one in the Twin Cities and one on the East Coast. The size of the minority stakes wasn’t disclosed. That allows the Pohlads to “tap into the hidden profits” of the ballclub’s massive appreciation since they bought it in 1984, said Victor Matheson, a professor and sports economist at the College of Holy Cross in Massachusetts. The Pohlads purchased the Twins for $44 million, or around $137 million in today’s dollars when adjusted for inflation. The Twins have an estimated value $1.5 billion to $1.7 billion. Smaller, family-owned teams like the Twins can be “asset rich and cash poor,” Matheson said. The stock sale “allows the Pohlads to really capitalize on this asset. It allows them to cash out part of the value of the asset without relinquishing control.” Minority owners often have some say in a sports team’s direction, even if they lack full control, Matheson said. “We don’t have any sense if the new owners are [thinking] ‘damn the torpedoes full speed ahead, let’s spend what we need to win the central division next year,’” he said. “We don’t know if we have sports fans or accountants with these minority shareholders.” STRIB |
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