Minnesota Twins announce new ‘limited partners’ and change in leadership

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MINNEAPOLIS, Min. – The Minnesota Twins have announced two new limited partners and new leadership.

Tom Pohlad will succeed Joe Pohlad in overseeing the Twins organization.  Tom is Joe’s brother.  Joe Pohlad has become a lighting rod and face of the Twins cutting payroll saying the team was going to “right size” the payroll following its most recent successful playoff run.

Tom’s specific title was not made clear.  Joe’s title was Executive Chair.  The announcements came on Wednesday, December 17, 2025.

Tom Pohlad will also become the franchise’s “Control Person” and serving as the primary liaison to the league.  That move is pending Major League Baseball approval.

As for the new limited partners, one new partner group is headed by Minnesota Wild owner Craig Leipold.  A second partner group has principal investors including Glick Family Investments and George G. Hicks, investing alongside “several prominent Minnesota business leaders”.

The Twins in a news release said, “Glick Family Investments, Hicks and Leipold are each acquiring non-controlling, minority interests in the Twins, with the Pohlad family retaining ownership control and responsibility for day-to-day operations. Collectively, the club’s new limited partners bring deep experience across business, sports, and entertainment.”

Tom Pohlad said, “It is a profound honor to have the opportunity to continue a legacy that has been part of my family — and this community — for the past forty years.. My uncle and my brother have led this organization with integrity, dedication, and a genuine love for the game. As I assume my new role, I do so with great respect for our history and a clear focus on the future — one defined by accountability and stewardship in our relentless pursuit of a championship.”