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Carl Pohlad: Money
built 777 days ago
The sharpest blow to Pohlad's public standing grew from the 1997 stadium plan. Officials initially said Pohlad would contribute $80 million of his own money, but it turned out that he had offered a loan, not a grant.
Some people may dispute the notion that Mr. Pohlad and his sons are contributing money in order to get a subsidy from the state. If so, listen to how the Pohlad family and the Twins' lobbyists respond:
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Asked why Selig borrowed money from a firm run by Pohlad's family when other banks might have been willing to loan the money, McClain said: "When you need short-term money, you turn to a friend. That's the normal course of events."
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