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Posted

It would be interesting to read an informed analysis of what's in it for the minority investors. If it's true that they get a 20% stake, and it's true (as Forbes has it) that the Twins are worth about $1.6 billion, 20% is $320 million. If the minority partners are going to devote that much -- and thus forego other investments -- they are going to want a substantial return. Where is it going to come from? It can come only from profits or increase in value plus sale in the not-too-distant future. Forbes has the Twins losing money in 2025, whereas CNBC has them one of the most profitable of MLB teams. Anyway, how do the minority partners make a profit on this deal?

Posted
1 hour ago, LastOnePicked said:

This is my favorite part of Tom Pohlad's responses to Gleeman's questions. Gleeman asked about the danger of taking half measures - keeping your core but not adding around them. Tom responded:

image.png.cffd1eece05f85758d35dd42c96511d6.png

So he worries about it, yes. But it's not a half-measure, so he doesn't worry about it. Maybe.

Got it. Clear as mud. I don't think these folks could find their way out a paper sack without a servant to lift the flap.

I thought the stuff about little brother Joe being pushed aside was very exciting. That's at least 3 destroyed businesses they had to take away from him now, right? My goodness what a life he leads.

Posted
21 minutes ago, chpettit19 said:

I thought the stuff about little brother Joe being pushed aside was very exciting. That's at least 3 destroyed businesses they had to take away from him now, right? My goodness what a life he leads.

Come on now. Who among us hasn't bankrupted a string of media and entertainment business?

It's at least good that they realized they had to get him out of the cockpit. That is maybe helpful.

Posted
32 minutes ago, LastOnePicked said:

Come on now. Who among us hasn't bankrupted a string of media and entertainment business?

It's at least good that they realized they had to get him out of the cockpit. That is maybe helpful.

“We’ve got to figure out what’s keeping us from having more consistent success,” Pohlad said. “I think the rub, if you will, on the organization, historically speaking, is there’s a feeling, which I might share, that we continue to run the same playbook over and over, hoping for a different result. The accountability factor is, if something doesn’t go right, if we don’t meet expectations, what are we going to do differently? And then go out and do something differently.”

This is just the most annoying thing I've ever read. Accountability? Something different? You mean like keeping the same guy in charge for the 10th year and letting him use the exact same plan as the last 2 offseasons where he kept the same team in place and added cheap, non-needle-moving free agents to "fill holes?" That's the change you made after deciding you shouldn't "run the same playbook over and over, hoping for a different result?" Booting little brother/the nephew while firing Rocco is the only change they made. They haven't changed how they run the organization in any way, shape, or form. Yet. I guess I can throw in a yet to be as fair as anyone could ask me to be with the Pohlads. Just a joke of a statement from our new Pohlad prince.

Posted
12 hours ago, chpettit19 said:

“We’ve got to figure out what’s keeping us from having more consistent success,” Pohlad said. “I think the rub, if you will, on the organization, historically speaking, is there’s a feeling, which I might share, that we continue to run the same playbook over and over, hoping for a different result. The accountability factor is, if something doesn’t go right, if we don’t meet expectations, what are we going to do differently? And then go out and do something differently.”

This is just the most annoying thing I've ever read. Accountability? Something different? You mean like keeping the same guy in charge for the 10th year and letting him use the exact same plan as the last 2 offseasons where he kept the same team in place and added cheap, non-needle moving free agents to "fill holes?" That's the change you made after deciding you shouldn't "run the same playbook over and over, hoping for a different result?" Booting little brother/the nephew while firing Rocco is the only change they made. They haven't changed how they run the organization in any way, shape, or form. Yet. I guess I can throw in a yet to be as fair as anyone could ask me to be with the Pohlads. Just a joke of a statement from our new Pohlad prince.

I just read the Gleeman Article. 

The last paragraph:

“Our revenues don’t support the expenses we have, particularly when you talk about the level of investment we’ve been making over the last couple years in player payroll,” Pohlad said. “We have chosen, for some time now, to continue to invest beyond what the revenues support. People like to say we’re not committed to investing in this team, but $500 million of debt would tell you exactly the opposite. That’s how the debt got to where it is.”

There are many who say the Pohlad's are cheap but... in comparison of their peers... The Twins spent money... not insignificant money in comparison. 

However... this last paragraph... it just brings me back to the question that I can't get out of my mind. 

When Falvey and Lavine were hired and told to get to work. Who told them that the money was going to be there?

Every decision they made matched up with a front office thinking the money was going to be there. The path they chose could not be controlled. It can only be fed more of the same. Payroll gets eaten with each arb raise, the players get more expensive and you have to keep spending to try and sustain it because development at the major league level was not a priority. 

The path chosen was always going to hit a wall that would require more money to get over. We are still signing Josh Bell from that same playbook and still dealing with a wall. Just a wall at a lower payroll level.  

Who told them that the money was going to be there? 

 

Posted
38 minutes ago, chpettit19 said:

“We’ve got to figure out what’s keeping us from having more consistent success,” Pohlad said. “I think the rub, if you will, on the organization, historically speaking, is there’s a feeling, which I might share, that we continue to run the same playbook over and over, hoping for a different result. The accountability factor is, if something doesn’t go right, if we don’t meet expectations, what are we going to do differently? And then go out and do something differently.”

This is just the most annoying thing I've ever read. Accountability? Something different? You mean like keeping the same guy in charge for the 10th year and letting him use the exact same plan as the last 2 offseasons where he kept the same team in place and added cheap, non-needle moving free agents to "fill holes?" That's the change you made after deciding you shouldn't "run the same playbook over and over, hoping for a different result?" Booting little brother/the nephew while firing Rocco is the only change they made. They haven't changed how they run the organization in any way, shape, or form. Yet. I guess I can throw in a yet to be as fair as anyone could ask me to be with the Pohlads. Just a joke of a statement from our new Pohlad prince.

They are without a doubt going to utilize the same playbook this off-season. 

Posted
1 hour ago, chpettit19 said:

I thought the stuff about little brother Joe being pushed aside was very exciting. That's at least 3 destroyed businesses they had to take away from him now, right? My goodness what a life he leads.

Tom: "Joe, we're just going to let you go home, hang out with the wife and kids, and just be a good husband and father"

Joe's Wife:

celebrity-couple.gif

Posted

Here's another Tom quote from Gleeman's article.  He's speaking in reference to retaining Buxton/Lopez/Ryan

“We owe the fan base something. We owe our veteran and star players something. And we owe this organization something. And that something is hope. And I think that’s the needle we’re trying to thread.”

So he's saying that simply retaining what was already on hand in a season of disappointment and cratering attendance qualifies as providing the hope they "owe the fan base."  That is depressing and insulting

Tom clearly bought Falvey's line that they can legitimately compete this year.  (Or he very foolishly thinks that being this year's Reds - sneak in as a 6 seed, immediately become cannon fodder - will generate the same rejuvenation of the fanbase that 2019 or 2023 did).   There better be real consequences if they don't.  Because they're reducing the potential quality of their organization from 2028 onward to follow this pie-in-the-sky wishful path.

Posted
42 minutes ago, Riverbrian said:

People like to say we’re not committed to investing in this team, but $500 million of debt would tell you exactly the opposite. That’s how the debt got to where it is.”

 I wonder if his investors are asking themselves why they just invested in a business that is failing so spectacularly.  

Posted
4 hours ago, Blyleven2011 said:

Notice the pole on pohlads approval rating , now that they have spent some money on Bell and announced the minority owners , the tally in approval has climbed to over 5 , i cant recall it being over 5 in a very very long time  ...

See what spending money does to a person , it makes them happy ...

I personally haven't changed  , i still want new owner , the pohlads screwed this organization up after 2023 and let the fans down with a window of opportunity ...

With out looking it up , if GM's were given the wins just like the manager gets , who would have the most wins in a 10 season period  , Derek Falvey or Mr Terry Ryan ...

Without looking it up, if GM's were given the same financial resources relative to the other teams in their division, who would have a better record, Falvey or Ryan? Hint - it isn't close.

Posted

Go to Fangraphs.com and read the article on the Twins signing Josh Bell. You do not need a subscription to read the article. The author perfectly portrays my thoughts on the Twins signing Bell. 

What does this have to do with Tom Pohlad? Until such time as Falvey is removed from all baseball decisions and his philosophies of the game erased from club practices, nothing will change. We can cry "Pohlad's must sell" endlessly but they don't construct the roster or design the style of play. 

Wake up Tom Pohlad and actually make a few changes. Talent can be acquired. There are options. Boring baseball that includes poor fundamentals is not going to sell tickets. Change things up.

Posted
11 hours ago, Woof Bronzer said:

 I wonder if his investors are asking themselves why they just invested in a business that is failing so spectacularly.  

I have to assume they did their due diligence. Anything that is failing today... doesn't have to be failing tomorrow. 

I've never worried to much about this. They can bring on investors... they can sell the team to new owners but in the end... I'm pretty sure that the team is going to spend what the revenue allows them to spend and the revenue is never going to allow them to operate how the Dodgers, Mets, Yankees, Phillies and Blue Jays operate and in my opinion... the Twins have been trying to operate like the big boys without the money to do it. How ownership is structured won't significantly change the revenue. Whoever is sitting in the chair that Tom now sits in is what I'm interest in. 

Many will argue with me on TD but I absolutely believe Tom Pohlad when he says that they invested when they allowed payroll to near 160 million. They did. That figure was well above what the lower revenue teams spent. They spent it wrong... but they spent.   

 The only assumption that I can make after reading Gleeman's artlicle.

Joe Pohlad was removed from his chair and it doesn't sound like he wanted to be removed. I think that speaks louder than any words he said. 

Best of luck to Tom

Develop or Die     

Posted
11 hours ago, The Great Hambino said:

Here's another Tom quote from Gleeman's article.  He's speaking in reference to retaining Buxton/Lopez/Ryan

“We owe the fan base something. We owe our veteran and star players something. And we owe this organization something. And that something is hope. And I think that’s the needle we’re trying to thread.”

So he's saying that simply retaining what was already on hand in a season of disappointment and cratering attendance qualifies as providing the hope they "owe the fan base."  That is depressing and insulting

Tom clearly bought Falvey's line that they can legitimately compete this year.  (Or he very foolishly thinks that being this year's Reds - sneak in as a 6 seed, immediately become cannon fodder - will generate the same rejuvenation of the fanbase that 2019 or 2023 did).   There better be real consequences if they don't.  Because they're reducing the potential quality of their organization from 2028 onward to follow this pie-in-the-sky wishful path.

LOL. This is hilarious. They're hoping everyone is stupid. It will work with a certain group and for a certain amount of time, but you can only lie to your audience for so long. 

This team blows and it's not going to get better anytime soon. I will continue watching (without giving them any money) because I love some Schadenfreude, but the Minnesota Twins are quickly falling down the organization rankings. 3 years ago they were probably middle of the pack, and now they might be bottom 3.

The only thing better than a World Series is the complete cratering of the value of this organization to zero, so the rich idiots lose all their money. 

Posted
9 minutes ago, Riverbrian said:

Many will argue with me on TD but I absolutely believe Tom Pohlad when he says that they invested when they allowed payroll to near 160 million. They did. That figure was well above what the lower revenue teams spent. They spent it wrong... but they spent.   

Setting aside why the Pohlads should be believed - the entire TC business community knows the Pohlads are underwater on their commercial real estate portfolio, so it's fascinating to hear Tom continue to push the lie that it's operating debt - how many times in the past 4 decades have the Pohlads run payrolls well below what lower revenue teams spend? 

And of those times, how often did the Pohlads take that added profit and reinvest in the team?  

Posted
1 minute ago, Woof Bronzer said:

Setting aside why the Pohlads should be believed - the entire TC business community knows the Pohlads are underwater on their commercial real estate portfolio, so it's fascinating to hear Tom continue to push the lie that it's operating debt - how many times in the past 4 decades have the Pohlads run payrolls well below what lower revenue teams spend? 

And of those times, how often did the Pohlads take that added profit and reinvest in the team?  

I honestly don't know.

The books are not open and I have no way to speculate on the intermingling of the Twins and everything else they own and operate.

I'd imagine that the Pohlads have accountants with talent working for them but who knows. 

 

Posted
21 minutes ago, Riverbrian said:

I honestly don't know.

The books are not open and I have no way to speculate on the intermingling of the Twins and everything else they own and operate.

I'd imagine that the Pohlads have accountants with talent working for them but who knows. 

 

Here's their league payroll in the decade after winning the last WS:  17th, 20, 21, 24, 23, 22, 24, 30, 30, 30, 28.

I don't see much reinvestment happening in those numbers.  They would have pocketed hundreds of millions of dollars in those years, which should have been more than sufficient to run $160mil-level payrolls in many years where the team had the talent to compete (06, 10, 19, etc).  The fact they spent $160mil one year (the 17th largest payroll by the way, not even league average) doesn't elicit much sympathy from me I guess.  

Posted
4 minutes ago, Woof Bronzer said:

Here's their league payroll in the decade after winning the last WS:  17th, 20, 21, 24, 23, 22, 24, 30, 30, 30, 28.

I don't see much reinvestment happening in those numbers.  They would have pocketed hundreds of millions of dollars in those years, which should have been more than sufficient to run $160mil-level payrolls in many years where the team had the talent to compete (06, 10, 19, etc).  The fact they spent $160mil one year (the 17th largest payroll by the way, not even league average) doesn't elicit much sympathy from me I guess.  

well, this is part of the fundamental problem with Pohlad ownership: it seems exceptionally likely that the family took profit distributions out of the club at various points, but never did a capital injection, except for possibly their share of stadium construction (but we don't actually know; that could have been deficit financed as well). We do know that over the past 5 years at least, any operating losses were funded by loans without any capital call from the Pohlads. Owners that care about winning and the sport they are a steward of through their team, will reinvest profits. They'll make capital calls for development, rather than borrow. Hard to see that being the way the Pohlads have run this team.

But we'll never actually know because there's zero chance they'll open the books to anyone that's not an investor. The hope is that the new partners saw everything on the books and still saw the team as a good investment...

Posted
41 minutes ago, Woof Bronzer said:

Here's their league payroll in the decade after winning the last WS:  17th, 20, 21, 24, 23, 22, 24, 30, 30, 30, 28.

I don't see much reinvestment happening in those numbers.  They would have pocketed hundreds of millions of dollars in those years, which should have been more than sufficient to run $160mil-level payrolls in many years where the team had the talent to compete (06, 10, 19, etc).  The fact they spent $160mil one year (the 17th largest payroll by the way, not even league average) doesn't elicit much sympathy from me I guess.  

I haven't seen the books but I don't assume that every single owner in baseball is just stuffing money in their pockets.

17th is good for the grouping that they should probably be operating in. 

Not that I trust Forbes or any of the valuation services but those folks rank the Twins 22nd in franchise value. 

I assume these valuation models at least attempt to assess revenue since revenue plays an important in valuations. So I assume that the revenue they pull in belongs in a fairly large group of teams in the bottom of half. Amongst that group... 17th is a significant push upward.  

We can make assumptions about 17th ranked payroll. Out of those 16 teams ranked higher. Mets, Dodgers, Yankees, Red Sox, Cubs, Giants, Phillies and Blue Jays make up 7 of them and they are simply at a level above everyone. We can't spend with them so they don't apply to us or the rankings.

There is another group behind them that we don't belong with either. Braves, Astros, Rangers, Angels and the Nationals don't apply to us. If the Nats want to turn it on... they probably could. 

These grouping are obviously subjective... but in my subjective opinion and I really have no information on any of the teams to offer anything worthwhile. 12 teams out of the 16 teams who spent more are teams that we can't financially keep up with no matter how much we spend and shouldn't even try. 

 

 

Posted
31 minutes ago, jmlease1 said:

well, this is part of the fundamental problem with Pohlad ownership: it seems exceptionally likely that the family took profit distributions out of the club at various points, but never did a capital injection,

Bingo.  

Posted
16 hours ago, LastOnePicked said:

Honestly, I don't want them to invest another $50-$60M into this roster. That'd be a waste. This team isn't close to contention. All I want to hear is, "We've learned a huge lesson about striking when the iron is hot. We didn't do that, and we broke fans' trust. We have a young roster now. We want to see how it shakes out. But we will be investing in development. This needs to be a world-class organization for player development. That's our mission, so when the CBA is signed, we're ready to elevate our game."

But they don't know how to think like this, talk like this or plan like this. So nothing whatsoever will change for this franchise.

The rotation isn’t the ‘70 Orioles but it’s certainly above average for MLB, as of today. 5 guys that could win 12-15 games with decent health. Bradley - SWR - Ryan - Ober - Lopez (Festa & Abel for depth)

Lewis - Wallner - Lee can’t perform at a lower level than in ‘25, IMO. If they perform at average expectations for themselves, it’s a shot in the arm.

Jeffers should be mildly better at the plate and Jackson should be mildly better than Vazquez at the plate.

Jenkins - Gonzalez - Rodriguez ……. one and maybe 2 of these guys should have some positive affect on the offense by June/July.

Bell should be at a minimum, mildly better than 1B offensively. Keaschall will be in the line-up 140 games and that’s another very probable shot in the arm. Larnach will be back to a more strict platoon role v. RH pitching and his numbers will increase.

Need a real SS option, i.e. IKF or like.

Clemens is at best, the 13th guy on the roster with flexibility to play 1B - 2B - Corner OF. Not any better or worse than ‘25…………placeholder for potential injury depth and keeping spot warm for young guys at AAA.

If they don’t spend $50-$60M (obviously not happening) they could spend $15-$20M above the current $102M on the books and get the Team to serious competitor in the Central.

I’d trade Festa & Rodriguez (3rd sweetener if needed) to Boston for Duran. Everyday guy in LF that WILL produce!

SS & 2 FA relievers…….. Prielipp - Orze - Raya - Morris - Adams - Sands - Topa - Funderburk - Klein - MATTHEWS in back end, along with 2 FA’s and the PEN is very functional for a contending Team.

Posted
1 hour ago, JD-TWINS said:

The rotation isn’t the ‘70 Orioles but it’s certainly above average for MLB

Barely. I think fans here are vastly overrating the rotation. Fangraphs LIKES the Twins, and they still only have them tied for 10th in projected rotation. 

The Twins rotation has no ace, two #2s and a deep stable of #4s. 

1 hour ago, JD-TWINS said:

they could spend $15-$20M above the current $102M on the books and get the Team to serious competitor in the Central.

The AL Central can be won by a team with 82 wins some seasons. This is no real accomplishment. The fact that they started a rebuild and then changed course has me so angry. You can be satisfied to win the AL Central in seasons like 2023, a year in which you're trying things out and ostensibly setting yourself up for future seasons. But to TRY to just win the AL Central is an absolute embarrassment. 

Posted

So,  I was just wondering,  Twins claimed the information was incorrect on the minority owners,  insinuating the Varde partners was  incorrect.   Varde was most certainly one of the minority owners.  Were they trying to say what was wrong was that there were 3 partners.  Seems rather obtuse to be claiming that article was inaccurate, when the primary premise of the article was that Varde was 1 of the minority owners.  

Posted
9 minutes ago, NYCTK said:

Barely. I think fans here are vastly overrating the rotation. Fangraphs LIKES the Twins, and they still only have them tied for 10th in projected rotation. 

The Twins rotation has no ace, two #2s and a deep stable of #4s. 

The AL Central can be won by a team with 82 wins some seasons. This is no real accomplishment. The fact that they started a rebuild and then changed course has me so angry. You can be satisfied to win the AL Central in seasons like 2023, a year in which you're trying things out and ostensibly setting yourself up for future seasons. But to TRY to just win the AL Central is an absolute embarrassment. 

Winning the Division and having a shot to advance and re-energizing the fanbase is a lot better than selling at the deadline and winning 72 games. Step in a better direction! I could care less if they win 87 games v. 92 games if they are in post season either way.

Top 1/3 in rotations is solidly above average. A rotation with expectations to produce between #7-#12 is a lot better than #14-#16, IMO. btw, I’m aware of who their pitchers are.

I’m a fan and said the rotation was top 50% - Fangraphs has them at #10, per you. Doesn’t seem to be “vastly overrated” estimation by this fan - right?

Could spend $340M and miss the playoffs, like the guys in Queens - that’s when one has to look at an organization and wonder where the level of the evaluators/coaches/effort is at……

Posted
6 minutes ago, JD-TWINS said:

Winning the Division and having a shot to advance and re-energizing the fanbase is a lot better than selling at the deadline and winning 72 games.

I simply don't agree if there's no actual attempt to ever contend. You can argue it's easier to get towards a contending team from 82 wins than 72, but if you're losing Ryan, Lopez, and Jeffers with no idea how to replace them, is it really? 

9 minutes ago, JD-TWINS said:

Doesn’t seem to be “vastly overrated” estimation by this fan - right?

Nah, I don't mean specifically you. I think you look around at how people here are talking about the rotation though and you'd be under the impression that they're a top 3 rotation. Additionally, we know this rotation is not being helped this offseason, so that number is only going to get worse. Come opening day we should probably expect that projection to be 14-18.

It's merely in the category of...fine. 

10 minutes ago, JD-TWINS said:

Could spend $340M and miss the playoffs, like the guys in Queens

I don't know why you think this is some sort of point. Yeah! The Mets sucked last year, rivaling how laughably bad they were in 2023. And rather than being led by losers and seeing them cross their fingers and hope things change, they're actually trying to shake things up. 

The Twins suck and the organization is a league wide laughing stock, that's just a fact, and no fan should take offense to me saying. We all know it to be true. 

I will be optimistic in the spring, but this is the winter and I don't have to lie or pretend as if this Twins team is any good. A fine rotation isn't going to save them. 

If you love baseball, you too can follow a second team that isn't as terrible as the Twins. It doesn't make you less of a fan of the Twins, and actually allows you to be more honest about them.

Posted
1 hour ago, bunsen82 said:

So,  I was just wondering,  Twins claimed the information was incorrect on the minority owners,  insinuating the Varde partners was  incorrect.   Varde was most certainly one of the minority owners.  Were they trying to say what was wrong was that there were 3 partners.  Seems rather obtuse to be claiming that article was inaccurate, when the primary premise of the article was that Varde was 1 of the minority owners.  

It isn't the actual company but one of the founders individually that is investing in the Twins.  Small difference but still different.

Posted
23 hours ago, Cap'n Piranha said:

He's owned the Wild for 17 years, and has been out of the first round twice, and both times immediately lost in the next round.  Better than the Twins for the past 17 years sure, but not exactly championship caliber.

And he also spends to the cap limit every year. His selection of and loyalty to his GM's has been part of his failure.

Posted
1 hour ago, NYCTK said:

I simply don't agree if there's no actual attempt to ever contend. You can argue it's easier to get towards a contending team from 82 wins than 72, but if you're losing Ryan, Lopez, and Jeffers with no idea how to replace them, is it really? 

Nah, I don't mean specifically you. I think you look around at how people here are talking about the rotation though and you'd be under the impression that they're a top 3 rotation. Additionally, we know this rotation is not being helped this offseason, so that number is only going to get worse. Come opening day we should probably expect that projection to be 14-18.

It's merely in the category of...fine. 

I don't know why you think this is some sort of point. Yeah! The Mets sucked last year, rivaling how laughably bad they were in 2023. And rather than being led by losers and seeing them cross their fingers and hope things change, they're actually trying to shake things up. 

The Twins suck and the organization is a league wide laughing stock, that's just a fact, and no fan should take offense to me saying. We all know it to be true. 

I will be optimistic in the spring, but this is the winter and I don't have to lie or pretend as if this Twins team is any good. A fine rotation isn't going to save them. 

If you love baseball, you too can follow a second team that isn't as terrible as the Twins. It doesn't make you less of a fan of the Twins, and actually allows you to be more honest about them.

A fine rotation is more than many Teams have. 10th is good. 3rd is delusional - agreed.

Why am “I” losing Jeffers - Lopez - Ryan & you aren’t, if you’re such a fan? You troll - that’s it. You jump in and tell everyone here they’re clueless & the Pohlad’s are clueless (everyone knows that) and you seemingly don’t give a rat’s ass about the organization other than seeing an opportunity to demean. Ryan, Lopez, & Jeffers aren’t going anywhere.

A “laughing stock” across baseball, I guess that’s your opinion.

Btw, spending $200M more than the Twins and not actually shaking anything up is a pretty weak mgmt achievement ……..they managed to drop Nimmo - Alonso - Diaz …….. they are shaking this year.

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