Justin Ishbia is stepping back from his attempts to acquire the Minnesota Twins and is now focused on securing a larger minority stake in the Chicago White Sox. Despite being viewed as a potential future owner, his current tender offer does not impact team operations or control, which remains with Jerry Reinsdorf. Ishbia, a billionaire with a strong baseball background, aims to enhance his stake in the Sox, which he first invested in 2021, as he explores opportunities amid ongoing discussions about team ownership and future control.
The Pohlad family hoped to have a buyer by Opening Day, believed to be Ishbia, who would serve as the controlling partner.
Reinsdorf made clear that limited partnerships have nothing to do with operating the Sox, emphasizing the existing control remains unchanged.
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