The Minnesota Twins are a professional baseball franchise competing in Major League Baseball in the American League's Central division. The franchise was founded in 1901 as the Washington Senators, until the name was changed in 1905 to the Washington Nationals. After moving to Minnesota ahead of the 1961 season, the team was renamed to the Minnesota Twins. In 2009, James Pohlad inherited ownership of the Twins from his father who purchased the team in 1984.
The franchise value of the Minnesota Twins surpassed the one-billion-dollar mark in 2017, reaching an estimated 1.3 billion U.S. dollars in 2020. The team's revenue has grown steadily over the past few years and amounted to 297 million U.S. dollars in 2019. The operating income of the Minnesota Twins for that season was at 43 million U.S. dollars.
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