MINNEAPOLIS, MINNESOTA - SEPTEMBER 24: A general view inside the stadium during the game between the Miami Marlins and Minnesota Twins at Target Field on September 24, 2024 in Minneapolis, Minnesota. (Photo by Stephen Maturen/Getty Images)
MINNEAPOLIS (FOX 9) - The Minnesota Twins have announced new limited partners to their ownership group, including the owner of the Minnesota Wild.
New investors join the team
What we know:
The Pohlad family, which owns the Twins, announced Wednesday that Glick Family Investments and businessman George G. Hicks would be principal investors, and Craig Leipold, the owner of the Minnesota Wild, would be a limited partner.
They're all acquiring non-controlling, minority interests in the Twins. The Pohlads will retain ownership control and handle day-to-day operations.
Meanwhile, Tom Pohlad is set to succeed Joe Pohlad in overseeing the Twins organization and, pending MLB approval, will also become the franchise’s control person.
The backstory:
The Pohlad family was looking to sell the Twins, but then said they'd keep ownership while also looking for limited partners.
The Pohlads have been involved with the Twins for 40 years.
What they're saying:
"It is a profound honor to have the opportunity to continue a legacy that has been part of my family — and this community — for the past forty years," said Tom Pohlad. "My uncle and my brother have led this organization with integrity, dedication, and a genuine love for the game. As I assume my new role, I do so with great respect for our history and a clear focus on the future — one defined by accountability and stewardship in our relentless pursuit of a championship."
George G. Hicks expressed his excitement, saying, "As a lifelong Twins fan, I am honored and excited to join the Pohlad family as a steward of this beloved franchise."