Billionaire Justin Ishbia has abandoned plans to buy the Minnesota Twins and is instead focusing on boosting his minority stake in the Chicago White Sox. As the current owner, Jerry Reinsdorf, approaches 89, Ishbia aims to solidify his position for potential future control. He might increase his investment to help the team fund a new stadium, projected to cost between $1.2 and $1.9 billion. Analysts suggest that a cash infusion may also influence public funding discussions with Illinois lawmakers.
There remains an opening for The 78 and the Sox ... It's an issue of timing where the state wants the message to sink in with the Bears first.
The influx of cash from Justin Ishbia may allow the White Sox to increase their contribution and lower the ask.
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