Falvey would have ran up deficits of $50m per year every year and not paid any interest or principle. He would have been fired in 2018. There’s no way the Pohlads would have let it go like that. I bet they ran up that much in 2020 because they didn’t have gate and concession revenue.
Most of that debt had to be from opening Target field prior to 2010, and in 2020 paying all of the employees and minor leaguers with only TV revenue for a very short season.
In 2020 Falvey was not the business guy, that was St Peter, and I guarantee that the Pohlads signed off on it, maybe pushed it.
In 2010 Falvey was not a part of the Twins.
That debt isn’t revolving line of credit, it’s long term debt.
however, Agreed, Tom absolutely had something to do with Falvey leaving.