The Chicago White Sox announced a significant long-term investment agreement between Jerry Reinsdorf and Justin Ishbia, allowing Ishbia to acquire a controlling interest in the team between 2029 and 2034. Ishbia, who owns the NBA's Phoenix Suns and WNBA's Phoenix Mercury, previously pursued the Minnesota Twins before deciding to invest more in the White Sox. Reinsdorf, who has owned the Sox since 1981, remains committed to the team and will lead day-to-day operations until at least 2029, focusing on restoring the team's competitive success.
"Having the incredible opportunity to own the Chicago White Sox and be part of Major League Baseball for nearly 50 years has been a life-changing experience."
"I have always expressed my intent to operate the White Sox as long as I am able and remain committed to returning this franchise to the level of on-field success we all expect and desire."
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