The White Sox franchise is valued at around $1.9 billion. How could a MLB team not be purchased by a billionaire these days?
And while Veeck was very fan-friendly, do fans really want the next Sox owner to be short on cash and run the team on a shoe-string budget again? If so, this fan base must really be a glutton for punishment.
Trading away Goose Gossage and Bucky Dent in rent-a-player moves worked out great for that magical 1977 season (though they did finish 3rd in the end), but then what? After that, the team was a laughingstock for the rest of his ownership. And, while before my time, in his first go-around as Sox owner he traded away a lot of talent after the '59 pennant win and that cost the Sox dearly during their competitive years in the 1960s.
The problem with Reinsdorf isn't that he's a billionaire. The problem is that he's been a PR disaster pretty much from the get-go and over the last 20 years: has run this team like we're the Pittsburgh Pirates, has simply refused to invest properly in this team, and has filled the organization with incompetent sycophants.