Justin Ishbia Seeks to Expand Stake in Chicago White Sox

The billionaire investor shifts focus from the Minnesota Twins to increasing his minority ownership in the White Sox, with potential long-term aspirations for majority control.

• Justin Ishbia, a billionaire financier and co-owner of the Phoenix Suns, is looking to increase his minority ownership stake in the Chicago White Sox.
• Ishbia's decision to pursue a larger share in the White Sox comes after he halted efforts to acquire the Minnesota Twins from the Pohlad family.
• Jerry Reinsdorf, the 89-year-old majority owner of the White Sox, retains control of the team, and no agreement has been made for a transition to majority ownership by Ishbia.
• The White Sox have been valued at $2.05 billion by Forbes, while Ishbia's net worth is estimated at $5.1 billion, positioning him as a strong candidate for future ownership.
• Reinsdorf has reportedly suggested his family may sell the team in the future, but current offers to limited partners do not impact team operations or leadership.

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