The White Sox announced Thursday that they have reached an agreement that will give Justin Ishbia, the brother of Phoenix Suns owner Mat Ishbia, the chance to buy a future controlling interest in the club. Far from an immediate sale, this is a long-term play that allows Ishbia to gradually increase his stake in the team over a period of at least four years.
I’m on a plane about to take off, so I’ll share some of the press release and leave it at that.
The agreement provides that, from 2029–2033, Reinsdorf will have the option to sell the controlling interest to Ishbia.