Billionaire Justin Ishbia Seeks Greater Stake in Chicago White Sox
Despite Ishbia's interest in expanding his ownership, the team asserts no imminent plans for a leadership change under Jerry Reinsdorf.
- Justin Ishbia, a Chicago-based billionaire, aims to increase his minority ownership of the White Sox after abandoning efforts to purchase the Minnesota Twins.
- The White Sox organization states that Ishbia’s purchase of limited partnership shares will not impact team leadership or operations.
- Jerry Reinsdorf, the 89-year-old majority owner since 1981, has shown no indication of selling his controlling stake in the team.
- The franchise is valued at $2.05 billion, and Ishbia’s efforts reportedly stem from a long-term ambition to become a majority MLB team owner.
- Reinsdorf has previously suggested that his family might consider selling the team after his passing, but no formal plans have been confirmed.