The news that the Pohlad family wants to sell the Minnesota Twins has people naturally wondering what kind of sale price the team could draw. Here is a look at recent Major League Baseball team sales, and those teams’ 2024 valuations according to Forbes:
The Orioles were sold for $1.725 billion in 2023 to new owner David Rubenstein, a lawyer and businessman who grew up in Baltimore. The team is now valued at $1.73 billion.
The Mets were sold for $2.475 billion in 2020 to hedge-fund manager Steven Cohen, who grew up in Great Neck, New York. The team is now valued at $3 billion.
Businessman John Sherman bought the for $1 billion in 2019. The team is now valued at $1.23 billion.