The Pohlad family encountered an attempt to sell twins last month, hitting a major obstacle. Justin and Mat Ishbia seem to be the leaders, and they exited the process to increase Justin Ishbia’s minority stake in the White Sox.
While the Ishbiya brothers are still mixing, the Pohlad family reportedly hopes to complete the sale by opening day. Lavelle E. Neal III of the Minnesota Star Tribune wrote that hopes of settling on buyers during open days is no longer on the dining table. Neil speculates that the mid-term summer schedule for trading may be more realistic.
Neil wrote that he still expects Pohlads to find a buyer. Dan Hayes of track and field sport immediately wrote after Ishbia withdraws troops that if a suitable asking price is not found, he would consider withdrawing the franchise from the market. It should be clear that the Star report did not refute it. Instead, Neal wrote that Pohlads are gaining enough interest that they will eventually find what they think is acceptable bids.
The identities of these bidders are not yet known. Ishbias is the only suitor to report publicly, although the report has long shown that they are not the only party of interest. Forbes estimates the franchise to be worth about $1.46 billion; Sportico’s forecast is about $1.7 billion. Orioles are the recently sold franchise, purchased for $1.72 billion in January 2024.
