Justin Ishbia Ends Twins Bid, Increases White Sox Stake

Billionaire Justin Ishbia has abandoned his bid to purchase the Minnesota Twins and will instead increase his minority stake in the Chicago White Sox. This decision comes as a significant setback for the Twins, who had hoped to finalize a sale by Opening Day after the Pohlad family announced their intent to sell. Ishbia's departure leaves the Twins scrambling for new ownership, disappointing fans who anticipated a change in management that could revitalize the team. Meanwhile, speculation arises that Ishbia's increased stake in the White Sox could lead to eventual control of the franchise, although a White Sox official downplayed those claims. The news has sent shockwaves through the baseball community, particularly among Twins officials who were caught off guard by this turn of events. League approval is required for Ishbia's new investment in the White Sox, which is being coordinated by investment advisors BDT & MSD Partners.