The Twins are hustling to regroup after learning this week that a leading contender in their search for a new owner has abandoned his bid.

Justin and his brother, Mat, emerged as suitors to buy the Twins in December, a few months after chairman Joe Pohlad -- whose father, Carl, purchased the Twins for $44 million in 1984 -- announced that the family would explore options to sell the ballclub.

Justin Ishbia, the billionaire financier who had approached several former Twins players to be minority partners in a much-rumored effort to buy the Twins, will instead increase his minority stake in the White Sox,