Jerry Reinsdorf Plans Gradual Sale of White Sox to Justin Ishbia by 2034

Chicago White Sox fans are reacting with a mix of hope and frustration to the recent announcement that longtime owner Jerry Reinsdorf has entered into a long-term agreement allowing minority investor Justin Ishbia to potentially take controlling interest in the team between 2029 and 2034. While Ishbia, a billionaire with an estimated net worth of over $4 billion and owner of the NBA’s Phoenix Suns, will make capital infusions in 2025 and 2026 to support the team, fans are eager for more immediate changes and increased spending on player salaries, as the Sox currently have one of the lowest payrolls in Major League Baseball. Sox general manager Chris Getz remains committed to a long-term rebuild focused on developing talent internally rather than pursuing costly free agents, signaling no immediate shift in strategy despite the ownership news. Fans have expressed impatience with the slow timeline for the ownership transfer, with some calling for Reinsdorf to step aside sooner, yet others see the agreement as a hopeful turning point after years of disappointment and record losses. The deal has also sparked speculation among Chicago Bulls fans about Reinsdorf’s future plans for his NBA team, with hopes that similar transitions might occur. Overall, the announcement marks a significant potential change for the White Sox franchise, though tangible improvements on the field under Ishbia’s influence may not materialize for several years.