The White Sox’s second failed rebuild in a decade is looming after Chicago announced on Thursday that Justin Ishbia and Jerry Reinsdorf’s long-term agreement allows Ishbia to obtain controlling interest in the franchise in 2035. According to the press release, Ishbia will contribute to reducing the Sox’s debt and help fund “ongoing team operations” from now through 2026. From 2029 to 2033, Reinsdorf has the option to sell Ishbia controlling interest. Ishbia can finally purchase controlling interest outright in 2035.
Statement from the Chicago White Sox:
— Chicago White Sox (@whitesox) June 5, 2025
As usual, the Sox provided a whole lot of nothing neatly wrapped up in pretty packaging.