(Updated 3:25 p.m. March 19, 2025)
Enjoy a Wednesday notes column.
A sports industry source who has been in Fort Myers this winter told Sports Headliners he believes there are two entities offering $1.65 billion to buy the Twins franchise from the Pohlad family.
If so, that means Twins representatives have leverage with competing potential buyers. It’s been thought for some time ownership wants more than $1.65 billion to sell the MLB franchise they have owned since 1984.
The asking price might be $1.8 billion. Forbes valued the Twins at $1.46 billion early last year, but that number will increase when new valuations come out soon.
The Orioles sold for a reported $1.7 billion last year. It could be argued the Twins are the more valuable franchise because the Baltimore-based Orioles are less than 40 miles away from another MLB franchise, the Washington Nationals.
The source described the competing entities as “very much interested” in acquiring the franchise. He predicted a sale of the club, which relocated to Minnesota from Washington D.C. in 1960, could happen by July, although it’s also been made clear the Pohlads won’t sell for anything less than their desired price range.
Another source outside the organization, who has passionately followed the club for years and knows Twins authorities, said he is told there are more than two potential entities, probably three or four. “At least one is local, I believe,” he said.
That source expressed some confidence that a change in ownership could happen in the next 60 days.
It was widely reported last month that Chicago-based billionaire Mat Ishbia is no longer interested in buying the Twins. He has a minority interest in the White Sox and the thought is he could be poised to become the majority.
BTW, what’s the over-under for the Twins often frequently injured trio of Byron Buxton, Carlos Correa and Royce Lewis playing in a combined 300 games or more this season? Prediction here is a cautious yes!
Qualifying for the Stanley Cup playoffs this spring could have implications for the Wild next summer. The Wild will have about $22 million more in salary cap space for next season starting July 1 when NHL free agency begins. Minnesota wants to present the image of a winner to free agents and after missing the playoffs in 2024 has to be hoping for a successful run in the postseason.
Winning at least one playoff series could make the franchise more appealing to free agents. So, too, would word next summer that the team’s superstar, forward Kirill Kaprizov, is signing an extension on his five-year contract that runs through 2025-2026.
The Wild, currently positioned as a wild card entry, is 4-5-1 in the last 10 games but got an important win Monday night at home, 3-1 over the Kings.
Wild owner Craig Leipold ranks No. 11 overall among the 32 NHL owners, per a survey of fans done by The Athletic. In an article by James Mirtle on Monday he wrote: “Leipold was ranked sixth for his willingness to spend on the team and eighth for treatment of the fan base, although he ranked middle-of-the-pack in organizational stability and franchise vision.”
Mirtle noted that Wild patrons had the most responses to the survey of any fan base.
St. Paul mayor Melvin Carter, with his last name on the back of a Wild jersey, walked in the city’s St. Patrick’s Day parade on Monday. Green Wild jerseys were everywhere among the crowd watching the parade near Rice Park.
The transfer portal opens for college basketball players on Monday. More than ever where a player lands is about opportunity to play right away and earn significant money. With the Big Ten and other power conferences expected to budget more than $20 million in revenue sharing to be used on football, men’s basketball and a few other sports, athletes will enrich themselves way beyond just NIL earnings.
Potentially this is a win for the Gophers and their new coach (expected to be Niko Medved, see March 15 Sports Headliners). In a bidding war with a historical blue-blood program, Minnesota may be able to offer more playing time and money than a Michigan State, Kansas or Kentucky.
Medved’s Colorado State Rams are about a 2.5 points favorite to win their NCAA Tournament opener Friday against Memphis State in Seattle. TBS will televise the 1 p.m. Minneapolis time game.
Auburn, former college basketball coaches tell Sports Headliners, is the most talented team in the NCAA Men’s Tournament.
Bobby Jackson was in town earlier this month as an assistant coach for the NBA 76ers and the presence of the former University of Minnesota superstar prompted reflection about the all-time starting five for the Golden Gophers. Here’s the Sports Headliners lineup:
Guards, Jackson and Voshon Lenard. Forwards, Kevin McHale and Lou Hudson. Center, Mychal Thompson.
How about the all-time state boys’ basketball tournament team?
Guards, Khalid El-Amin and Tyus Jones. Forwards, Mark Olberding and Chet Holmgren. Center, Randy Breuer.
P.J. Fleck and others with the Golden Gophers meet with the media tomorrow to preview the opening of spring practice that day. The Gophers aren’t planning a Spring Game, following the trend of other programs to cancel the traditional gathering.
The public is welcome to attend the 4:15 p.m. practice April 15 at the team’s indoor facility at the Athletes Village. Dinkytown Athletes members may also attend the 4:15 p.m. practice March 26 at the same location.
Parker Knoll, the senior outfielder transfer from Lawrence University who was a D-III All-American last year, is sixth on the baseball Gophers in batting average at .259 while playing in 16 games and starting 14.
Minnesota, 8-10 overall, hosts 9-6 St. Thomas in a 6 p.m. game tonight at U.S. Bank Stadium. The Gophers are averaging about 17 fans per game in six home games at the bank this winter, per stats.ncaa.org.
The St. Thomas men’s basketball team that finished second in both the Summit League regular season standings and the conference tournament attracted only 20,117 total fans for 14 home games at Schoenecker Arena. The Tommies averaged 1,437 fans per game, playing to 65 percent of capacity, per stats.ncaa.org.
The Tommies, with a 24-10 overall record and 12-4 in league games, will play in the new Lee and Penny Anderson facility next fall with a basketball capacity of about 5,500. Despite the program’s winning legacy, dating back to Division III national championships, sell-outs have been rare at Schoenecker.
Remarkable and much-admired Tom Swain passed away earlier this month at age 103. He was a great advocate for the University of Minnesota and held various leadership positions starting with ticket manager for the Golden Gophers in the 1940s. He was a gentleman’s gentleman and much admired for how he related to people.
A Minneapolis native and Gopher fan, Tom told Sports Headliners in 2021 that he or his family had owned U football season tickets every year except one since 1921. “The year of my birth,” he said.
Regarding becoming a centenarian, Tom said in the column: “There are such few people that get there (to 100), I feel very gratified. I am very fortunate to have made it this far because growing old is a privilege denied to many. I am not sure why I deserve to get to 100 but I am very grateful.”
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