Twins Owner, Carl Pohlad, Dead at 93

Carl Pohlad, owner of the Minnesota Twins, and baseball’s richest owner died today at the age 93. Although he ran the Twins in mid-to-small market fashion, Pohlad, who purchased the club from Calvin Griffith for $38 million in 1984 was baseball richest owner, parlaying banking, real estate, a bottling company and other holdings into a net worth of $3.8 billion according to Forbes, making him the 102nd richest person in America. During his tenure as owner, the Twins won two World Series titles (1987 and 1991), along with four Division titles (2002-2004, 2006). He was also one of baseball's most controversial owners. Pohlad and the Twins had been in search of a new stadium for over a decade, citing the revenue woes of the Metrodome. Pohlad and MLB were criticized in 1997 when it was revealed that what was being presented as an $80 million gift toward a new stadium would be in reality a loan that the State would have to pay back, with interest. He was also at the center of wha...