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Warren Buffett Home Run? Billionaire's Baseball Bet Could Rise In Value With Minnesota Twins Sale

Benzinga ·  Oct 10 14:54

A Major League Baseball team is up for sale and while billionaire Warren Buffett likely isn't buying the team, he could benefit thanks to a small stake in another team.

What Happened:The sale of Major League Baseball (MLB) teams has been rare in recent years, which means a new sale could reset the valuation metrics of teams, an item that shareholders ofAtlanta Braves Holdings(NASDAQ:BATRA)(NASDAQ:BATRK) will be watching.

The Pohlad Family, which has owned the Minnesota Twins since 1984, announced Thursday that the team is up for sale.

Carl Pohlad, who passed away in 2009, bought...

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