SAN ANTONIO – There is no time frame for a new ownership group to purchase the Twins, which the Pohlads announced it went on sale in Octoberbut baseball agent Scott Boras expects a new owner to bring excitement to the sport.

“I think the great thing about franchises is when you see them change ownership, you see someone come in who has a very refreshed view of why they bought the team,” said Boras, who represents several Twins players, including Carlos Correa, Royce. Lewis, John Duran, Ryan Jeffers and Chris Paddack.

Four teams — the Baltimore Orioles, New York Mets, Kansas City Royals and Miami Marlins — have been sold in the past seven years, all for more than $1 billion. The Mets have dramatically increased their payroll to record levels under Steve Cohen, a hedge fund manager. The Orioles and Royals have ramped up their spending over the past year after lengthy rebuilds.

“I realize it’s an investment, but they understand now that I don’t want to walk around my town and change my last name, because they understand that my last name is now ‘winner’ or ‘loser,'” Boras said. “I don’t think any owner realizes that until they buy the teams, until they get involved in the sport. Then suddenly I understand that regardless of their great business success that allowed them to purchase that team, their presence in our country is probably most notable for the behavior of that team they just purchased.”

Gemini will maintain salaries in “the same area we were in last year,” Derek Falvey, the team’s president of baseball operations, confirmed at the league’s annual general managers’ meetings. Their projected $131 million in payroll through the 2024 season ranked 19th in the majors, according to FanGraphs calculations.

Falvey said it was still “quite early” in the sales process and the front desk had been instructed to operate as normal. Typically, the sales process takes at least six months to identify potential buyers, negotiate terms and receive approval from other MLB owners.

The Washington Nationals and Los Angeles Angels have been put on the market in recent years, but their owners later opted not to sell. The Cleveland Guardians sold a 25% minority stake to David Blitzer in 2022, and the terms included an option to become majority owner six years later.

“The sale situation, it’s very unique to us,” Falvey said. “The Pohlads have owned the team for a very long time. There are a lot of people who have worked in this organization for them for a very long time. … We feel like we have a great organization. We hope our future owner feels the same way.”