“On the other hand, @John Bonnes speculates at a more simple explanation, asking "rather than come up 1.5B cash, [maybe prospective owners] can come up with 1.1B cash and take on the $400M loan gradually?"
For the love of God, why can no one get this right. The Pohlads want the buyer to cover the value of the team PLUS the buyer covering the debt. So it would be at least 1.5 billion to the Pohlads, not 1.1. The only change now so that MLB would be handling the 400 million in debt some how.