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Pohlads Family Making ‘progress’ on Minn Twins Sale BUT Sticking $1.7 bil Pricewww.nytimes.com/athletic/6386597/2025/05/27/minnesota-twins-sale-pohlad-family-1-7-billion/
260 sats \ 4 comments \ @Cje95 28 May Stacker_Sports
While by all means shoot for the stars when you are trying to sell a major sports club but at the same time you gotta be realistic given the concerns buys have like
the collapse of their local TV deal with FanDuel Sports Networks and the upwards of $425MM in debt which the organization has accrued
With the debt the team has alone you are already above $2.1 billion BUTTTTT you have no TV deal which is critical for baseball teams currently…
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0 sats \ 1 reply \ @grayruby 28 May
But what if we make it a Bitcoin treasury company?
Just kidding.
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40 sats \ 0 replies \ @Cje95 OP 28 May
even better they only accept or pay in BTC
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0 sats \ 1 reply \ @guerratotal 28 May
Classic boomer economics: 💰 “It’s worth $1.7B because… feelings.”
Reality check: No TV deal + $425M debt = you're basically selling a fancy hat with a hole in it.
In the end, a baseball team is just merch, beer, and hope wrapped in a logo. Without broadcast rights, that hope depreciates fast.
Good luck to whoever buys — you're not getting a team, you're getting a liability with season tickets.
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5 sats \ 0 replies \ @Cje95 OP 28 May
I mean yes huge issues but a hypothetical MLB expansion team I have seen the price run between 3 and 5 billion so it would be a discount in theory but again that is in theory. The likely thing is you will see the 1.7-the debt and then ~ another 75 mil to cover the TV for a year. I would be shocked if the team sold for less of an evaluation than 1.2 because at the end of the day you are getting a team and a farm system which is a lot more than a pure expansion play.
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