MINNEAPOLIS-ST. PAUL, Minn. — The Pohlad family has announced new limited partners for the Minnesota Twins ownership group, following Major League Baseball’s approval.
Notable investors include Glick Family Investments, George G. Hicks, and Craig Leipold. Each will acquire non-controlling, minority interests, while the Pohlad family retains control and operational responsibilities.
Tom Pohlad will succeed Joe Pohlad as overseer of the Twins organization. Pending MLB approval, he will also become the franchise’s Control Person.
“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,” Tom Pohlad said.
Joe Pohlad expressed gratitude for his time with the organization. “It has been one of the greatest responsibilities and privileges of my life to work alongside the people in this organization and to serve our fans,” he said.
George G. Hicks, co-founder of Värde Partners, shared his enthusiasm for joining the Pohlad family. “As a lifelong Twins fan, I am honored and excited to join the Pohlad family as a steward of this beloved franchise,” Hicks said.
The Twins say the new partners bring extensive experience in business, sports, and entertainment, promising a bright future.