What type of lease commitment are the Twins willing to make?
The Twins are willing to enter into an “iron clad” 30-year lease arrangement that does not contain the attendance-related type of escape clause that was present under the Twins’ original use agreement with the Metropolitan Sports Facility Commission. Who will pay the operating costs in the new ballpark? This lease term will need to be negotiated with the host community. However, it is currently anticipated that the Twins will be responsible for paying those operating costs of the new ballpark that are directly attributable to the operation of the team. Based on other clubs’ experiences, this obligation will likely cost the Twins in excess of $10 million per year. Do the Twins have a preferred site for the new ballpark? No. The Twins believe there is currently more than one site that can meet the necessary requirements relating to accessibility, size, location and parking. Are the Twins currently for sale? Would they be for sale if the new ballpark is built? The Pohlad family’s current
