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Minnesota Twins owner Carl Pohlad congratulates pitcher Kenny Rogers as the team celebrated clinching the 2003 division title. During Pohlad's time owning the Twins, the team won two World Series and four other division titles.
Andy King / Associated Press


Published January 05, 2009 10:51 pm -

Twins owner Carl Pohlad dies


Associated Press

MINNEAPOLIS

Carl Pohlad, a billionaire banker whose Minnesota Twins won two World Series titles during his near quarter-century as owner, died Monday. He was 93.

The Twins and Major League Baseball each issued statements confirming his death. Pohlad was a “true leader in our sport for the past 25 years,” commissioner Bud Selig said.

“Since the day Carl Pohlad entered Major League Baseball, he made significant contributions to our game,” Selig said. “His devotion to the Minnesota Twins, the Twin Cities and Major League Baseball was remarkable. In my long career, I have never met a more loyal and caring human being. We will miss Carl and all of baseball joins me in sending our deepest condolences to the Pohlad family for the loss of our friend and partner.”

Forbes.com said Pohlad’s net worth of $3.6 billion is second among Minnesotans and 102nd in the nation.

“We’ve loved and respected him and are enormously proud of his accomplishments. And we will all miss him deeply,” read a joint statement from Pohlad’s three sons, Bob, Jim and Bill.

They continued: “We want to assure everyone that we will continue Dad’s work and his legacy, just as he would have wanted and as he has prepared us to do.”

When Pohlad bought the Twins from Calvin Griffith in 1984, he was widely credited for saving baseball in Minnesota. With the purchase, he inherited a promising group of young players including Gary Gaetti, Kent Hrbek and future Hall of Famer Kirby Puckett.

Minnesota won World Series championships in 1987 and 1991, triumphing in tense seven-game showdowns against the St. Louis Cardinals and the Atlanta Braves.

“I live and die by every pitch,” Pohlad once told the Minneapolis Star Tribune. “I want so badly for them to win. ... If it isn’t competitive and you don’t have a team with character, it won’t be any fun.”

Funeral arrangements were pending as of Monday evening. Pohlad died at his home in Edina, a suburb of Minneapolis, with many family members and caregivers there with him in recent days.

It was at Pohlad’s home, following a fancy dinner, where Puckett’s agent Ron Shapiro reached agreement in the wee hours of a December 1992 night with the Twins on a five-year, $30 million contract that kept Puckett in Minnesota despite bigger offers elsewhere. Pohlad vetoed a deal that summer that was $2.5 million cheaper, but he gave his approval once it was clear Puckett could leave.

“When push came to shove, he knew the value of Kirby Puckett and the value to the community,” Shapiro said Monday.

He got to know Pohlad well over the years.

“He always had a smile, but his brain never stopped working on business deals,” Shapiro said. “He was an intense businessman, but that quality of integrity and gentlemanly conduct — though he stuck hard to what he believed — really stood out to me.”

The Metrodome, built inexpensively to open in 1982, was criticized for a stuffy, artificial atmosphere. Revenue streams were also limited, which hurt the Twins’ ability to keep up with bigger-spending teams in bigger media markets. As the team hinted it could leave, Pohlad’s reputation took a hit.



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