It appears that there are 3 Pohlad brothers and they consider themselves equal. Here is a quote from an article in the Strib from 2010: "The brothers consider themselves equals in the overall Pohlad organization, although Jim oversees the Twins and Bill is CEO of his movie production company, River Road. Bob supervises the organization's other companies. All three sit on a six-member board of directors that governs the businesses, along with three nonfamily members who were advisers to Carl before the brothers took over." Here is a link to the article: http://www.startribune.com/business/112456709.html?page=2&c=y It seems pretty clear that the three brothers have lots of choices in investing their pooled money, including real estate, motion pictures and free agent pitchers. Like all smart capitalists they weigh the potential risks and returns of all potential investments. As for the debate about what restrictions might apply to an LLC, I would note that operationally and for tax purposes, an LLC with multiple owners is basically the same as a partnership, and the members of the LLC can easily put money in or take money out based on what investments they want to make at any given time. I would prefer ownership that is more committed to winning for the sake of winning. I like how the owner of the Tigers is paying $20 million+ this year to keep Verlander, and just agreed to pay $23 million per year to Fielder. Will these investments pay off? Probably not, but this owner really wants to win. And I suspect that if the Tigers had Johan Santana, they would not trade him to the Mets because they could not "afford" to keep him. I don't think that the Pohlads are cheap. They are typical conservative capitalists who are running the Twins like a business, and who are not willing to take extra risks because they crave a championship. I would prefer an internet billionaire who wants a World Series win and who could care less about $20 million here or there. But most owners seem to be like the Pohlads, and a lot of them seem worse.