White Sox owner Jerry Reinsdorf reaches agreement with Justin Ishbia for controlling stake
The agreement states the Reinsdorf will be able to sell his majority stake to Ishbia between 2029 and 2033 .
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The Chicago White Sox are looking at an ownership change in the near future. The team announced in a press release on Thursday that Jerry Reinsdorf has reached an agreement with billionaire investor Justin Ishbia.
According to a press release, the "long-term investment agreement" gives Reinsdorf the option to sell his controlling interest to Ishbia between 2029 and 2033. Ishbia currently holds a minority stake in the team.
Breaking: The White Sox announce they have entered into a long term investment agreement with billionaire Justin Ishbia: "The agreement provides that, from 2029–2033, Reinsdorf will have the option to sell the controlling interest to Ishbia. After the 2034 season, Ishbia will…— Jesse Rogers (@JesseRogersESPN) June 5, 2025
Ishbia, the brother of Phoenix Suns and Phoenix Mercury controlling owner Mat Ishbia, also holds minority stakes in the two Phoenix teams, and in MLS team Nashville SC.
This story will be updated.
