Particle.news

Download on the App Store

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.
Hero image