Twins reveal new limited partners, announce change in leadership
The Minnesota Twins have finally revealed the identities of their new limited partners via an X post after announcing they'd be adding them nearly four months ago. The reason it took so long for the Twins to announce the identities of the new investors is that only two groups were originally going to be added. However, they received interest from smaller groups purchasing shares of the franchise, leading to the addition of another limited partner, according to The Athletic's Dan Hayes.
The Twins' new limited partners are Glick Family Investments, George G. Hicks and Minnesota Wild majority owner Craig Leipold.
Additionally, the Twins announced that Tom Pohlad will succeed his younger brother, Joe Pohlad, in overseeing the organization. He will also succeed his uncle Jim Pohlad as the club's Control Person, pending MLB approval.
Pohlad Family welcomes limited partners to Minnesota Twins Ownership Group pic.twitter.com/wyIBBzCVPN
— Minnesota Twins (@Twins) December 17, 2025
Per Hayes, the minority investors will take on more than 20 percent of the Twins at a $1.75 billion valuation. The transaction will help the team reduce its $500 million in debt, which may lead to a sale of the team in the future, Hayes wrote.
The Pohlad family announced they were seeking to sell the team in October 2024. It appeared Justin Ishbia was going to buy the club last offseason before he stopped his pursuit to enter a long-term agreement with the Chicago White Sox, which was disappointing for Twins fans, but they at least had hopes that a sale of the team would occur soon.
Back in 2023, the Twins won their first postseason series in 21 years, yet they lowered payroll for the following two seasons. Because of that, many Minnesota fans want a sale of the team.
The addition of the minority investors is great news for Twins fans who want a new majority ownership group. Since the Twins will significantly reduce their debt, they will be better positioned to find a buyer for the team in the future.
For now, the Twins will still be operating on a budget, as displayed by their recent signing of first baseman Josh Bell, who can be solid but isn't super expensive. Hopefully, the Pohlad family can find someone to buy the Twins sometime in the next couple of years, and the team can make bigger splashes in free agency.