MLB Twins Franchise Is On The Market [Video]

The Pohlad family claims it is down with baseball.

The ownership of Major League Baseball’s Minnesota Twins, the Pohlad family, has decided it is time to sell the business. The Twins ownership has retained an investment bank, Allen and Company to find a buyer. Even though the Pohlad family has made the decision to get out of the baseball business it doesn’t mean that the family will get rid of the team. Two MLB franchises, the Los Angeles Angels of Anaheim and the Washington Nationals, were put up for sale but the ownerships of both teams changed their minds and took the teams off the market. It is estimated that the Minnesota Twins franchise is worth somewhere between $1.5 and 2 billion. The potential price tag may be depressed because of television money uncertainty

The Pohlad family put out a statement that did not specifically cite why now is the time to get rid of the team. “After months …