southsider2k5 Posted March 21 Share Posted March 21 On topic, The Celtics were just sold for $6.1 billion. Look the bubble for the sports market could burst any time, but it sure hasn't done so yet. Link to comment Share on other sites More sharing options...
ptatc Posted March 21 Share Posted March 21 10 minutes ago, southsider2k5 said: On topic, The Celtics were just sold for $6.1 billion. Look the bubble for the sports market could burst any time, but it sure hasn't done so yet. It will be interesting to see what the twins sell for now that the front runner for the purchase dropped out. Link to comment Share on other sites More sharing options...
Texsox Posted March 21 Share Posted March 21 2 hours ago, ptatc said: It will be interesting to see what the twins sell for now that the front runner for the purchase dropped out. It's always the second highest bidder that sets the price. Link to comment Share on other sites More sharing options...
WBWSF Posted March 21 Share Posted March 21 I'm still hoping new ownership will take over sooner rather than later. The franchise needs a shot in the arm. If anybody doubts me go look at the advance ticket sale on ticketmaster for the White Sox home opener. It looks like half of the stadium is not sold out. Link to comment Share on other sites More sharing options...
caulfield12 Posted March 21 Share Posted March 21 6 minutes ago, WBWSF said: I'm still hoping new ownership will take over sooner rather than later. The franchise needs a shot in the arm. If anybody doubts me go look at the advance ticket sale on ticketmaster for the White Sox home opener. It looks like half of the stadium is not sold out. Not much to be excited about or entertained by other than milk shakes and opponents. Link to comment Share on other sites More sharing options...
ptatc Posted March 22 Share Posted March 22 1 hour ago, caulfield12 said: Not much to be excited about or entertained by other than milk shakes and opponents. Brisket curds. 2 Link to comment Share on other sites More sharing options...
poppysox Posted March 22 Share Posted March 22 2 hours ago, WBWSF said: I'm still hoping new ownership will take over sooner rather than later. The franchise needs a shot in the arm. If anybody doubts me go look at the advance ticket sale on ticketmaster for the White Sox home opener. It looks like half of the stadium is not sold out. I know it's getting late but I always thought this deal would close by the end of ST. Just makes no sense for JR to hang on to his "managing partner" title while doing nothing to improve this club. He can give up operational control while having little or no tax consequences. Link to comment Share on other sites More sharing options...
ptatc Posted March 22 Share Posted March 22 12 minutes ago, poppysox said: I know it's getting late but I always thought this deal would close by the end of ST. Just makes no sense for JR to hang on to his "managing partner" title while doing nothing to improve this club. He can give up operational control while having little or no tax consequences. I think it's going to be a around 5 years give or take a couple. Link to comment Share on other sites More sharing options...
Lip Man 1 Posted March 22 Share Posted March 22 20 minutes ago, poppysox said: I know it's getting late but I always thought this deal would close by the end of ST. Just makes no sense for JR to hang on to his "managing partner" title while doing nothing to improve this club. He can give up operational control while having little or no tax consequences. That's the point though he still wants to retain absolute control. Link to comment Share on other sites More sharing options...
BrittBurnsFan Posted March 22 Share Posted March 22 11 minutes ago, ptatc said: I think it's going to be a around 5 years give or take a couple. I assumed a year or two...figure it is cordial and involving polite discussions and mutual respect. Convinced JR offered a plan that led to Ishbias backing away from MSP...and in return the Ishbias are going to let JR set the pace of transition...and a timeline that is most likely already set. Just a guess though...I don't have much experience in the lives of billionaires! 😁 Link to comment Share on other sites More sharing options...
caulfield12 Posted March 22 Share Posted March 22 6 minutes ago, Lip Man 1 said: That's the point though he still wants to retain absolute control. He's continuing to drive down value of his shares though..if the next wave of prospects struggles or "Getz" injured, he will have no recourse remaining. Link to comment Share on other sites More sharing options...
ptatc Posted March 22 Share Posted March 22 8 minutes ago, Lip Man 1 said: That's the point though he still wants to retain absolute control. Yep. He will until he is ready to leave. Link to comment Share on other sites More sharing options...
caulfield12 Posted March 22 Share Posted March 22 7 minutes ago, ptatc said: Yep. He will until he is ready to leave. Another 110+ loss season will do it. All that's left is trading Robert and a #10 draft pick in June won't move the meter. Link to comment Share on other sites More sharing options...
caulfield12 Posted March 25 Share Posted March 25 According to a report from Dan Hayes, Ken Rosenthal and Brittany Ghiroli at The Athletic, the Pohlads are “believed” to have an asking price of at least $1.7 billion. The Athletic writes that the Pohlads viewed a $1.5 billion purchase price that was floated by one potential buyer to be “a non-starter” in discussions. Last year, Forbes estimated the club’s value around $1.46 billion. Sportico’s 2024 valuation was more in line with the apparent asking price, as that publication valued it at approximately $1.7 billion. The Orioles, the most recent franchise sold, went for a $1.725 billion purchase price in January 2024. Interestingly, The Athletic writes that Twins executive vice president Joe Pohlad prefers to keep control of the organization. The 42-year-old Pohlad only took over daily operations in November 2022. His grandfather Carl Pohlad purchased the team for $44MM back in 1984. After Carl Pohlad died in 2009, his son Jim (Joe’s uncle) took control. Jim Pohlad turned over operations to his nephew 13 years later. It seems there’s varying levels of interest within the family about selling the team. mlbtraderumors.com Link to comment Share on other sites More sharing options...
ewokpelts Posted March 26 Share Posted March 26 On 3/25/2025 at 1:05 AM, caulfield12 said: According to a report from Dan Hayes, Ken Rosenthal and Brittany Ghiroli at The Athletic, the Pohlads are “believed” to have an asking price of at least $1.7 billion. The Athletic writes that the Pohlads viewed a $1.5 billion purchase price that was floated by one potential buyer to be “a non-starter” in discussions. Last year, Forbes estimated the club’s value around $1.46 billion. Sportico’s 2024 valuation was more in line with the apparent asking price, as that publication valued it at approximately $1.7 billion. The Orioles, the most recent franchise sold, went for a $1.725 billion purchase price in January 2024. Interestingly, The Athletic writes that Twins executive vice president Joe Pohlad prefers to keep control of the organization. The 42-year-old Pohlad only took over daily operations in November 2022. His grandfather Carl Pohlad purchased the team for $44MM back in 1984. After Carl Pohlad died in 2009, his son Jim (Joe’s uncle) took control. Jim Pohlad turned over operations to his nephew 13 years later. It seems there’s varying levels of interest within the family about selling the team. mlbtraderumors.com I doubt twins fans are happy to hear that Joe wants to be involved after the sale. Link to comment Share on other sites More sharing options...
ewokpelts Posted March 26 Share Posted March 26 Let’s not forget Jerry’s kids are still buying shares of the club from other investors. Link to comment Share on other sites More sharing options...
Harold's Leg Lift Posted March 26 Share Posted March 26 19 minutes ago, ewokpelts said: Let’s not forget Jerry’s kids are still buying shares of the club from other investors. They sure are. I wonder how many of those shares were involved in the Ishbia purchase. Link to comment Share on other sites More sharing options...
MiddleCoastBias Posted March 26 Share Posted March 26 (edited) 1 hour ago, ewokpelts said: Let’s not forget Jerry’s kids are still buying shares of the club from other investors. But wouldn't that just be a shrewd business move, anticipating the sale? Buy up other shares at a depressed value to increase their overall value once the team is sold to Ishbia. Or better yet, buy low now and hold through the sale, with the expectation that the next owner actually invests in the program to increase their overall value. Sell in 30 years for f-you generational money. Edited March 26 by MiddleCoastBias Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 26 Share Posted March 26 Two more days and it will a full month since the sale deadline, and we still have no idea what happened. This is exactly why I have zero faith in the local sports media in this town. They only write what they are told to write, and do zero actual investigative work, 1 1 Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 26 Share Posted March 26 3 hours ago, Harold's Leg Lift said: They sure are. I wonder how many of those shares were involved in the Ishbia purchase. So they were buying shares at an effective franchise price of $1.1 billion recently, and now selling them to the FNG for $1.8? Quality work if you can get it. Link to comment Share on other sites More sharing options...
caulfield12 Posted March 26 Share Posted March 26 (edited) 26 minutes ago, southsider2k5 said: So they were buying shares at an effective franchise price of $1.1 billion recently, and now selling them to the FNG for $1.8? Quality work if you can get it. While simultaneously "starving" the major league team to death like it's the equivalent of the US government...just a sad state of affairs for Sox fans who were grasping for basically anything to feel optimistic about. Edited March 26 by caulfield12 Link to comment Share on other sites More sharing options...
soxfan18 Posted March 27 Share Posted March 27 Look who just sat down right behind the plate. Link to comment Share on other sites More sharing options...
Chicago White Sox Posted March 27 Share Posted March 27 47 minutes ago, soxfan18 said: Look who just sat down right behind the plate. Ishbia is there? Link to comment Share on other sites More sharing options...
PaleAleSox Posted March 27 Share Posted March 27 7 minutes ago, Chicago White Sox said: Ishbia is there? Yeah he was behind home plate briefly. 2 Link to comment Share on other sites More sharing options...
poppysox Posted March 27 Share Posted March 27 58 minutes ago, PaleAleSox said: Yeah he was behind home plate briefly. Ishbia better hurry up and close the deal before JR raises the price. 1 Link to comment Share on other sites More sharing options...
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