Ownership breakdown: ishbias 35%, Reinsdorfs 50%

[WhiteSox2023]

The Sox are six feet under in baseball hell.  How could it possibly get any worse?

[ptatc]

53 minutes ago, WhiteSox2023 said:

The Sox are six feet under in baseball hell.  How could it possibly get any worse?

Could be the Twins where even the Ishbias don't want you.

[caulfield12]

30 minutes ago, ptatc said:

Could be the Twins where even the Ishbias don't want you.

Something seems to be terribly wrong with Carlos Correa...that, and they can never keep Royce Lewis/Buxton both 100% healthy and on the field.

Edited April 15 by caulfield12

[PaleAleSox]

8 minutes ago, caulfield12 said:

Something seems to be terribly wrong with Carlos Correa...that, and they can never keep Royce Lewis/Buxton both 100% healthy and on the field.

What's wrong with him is probably what made both the Giants and Mets back out of their deals. 

[southsider2k5]

38 minutes ago, ptatc said:

Could be the Twins where even the Ishbias don't want you.

Sure, but then we hit the "leave Chicago metro area" criteria.

[WhiteSox2023]

55 minutes ago, ptatc said:

Could be the Twins where even the Ishbias don't want you.

I thought that was because Jerry swooped in and offered them a better deal?

Edited April 15 by WhiteSox2023

[ptatc]

16 minutes ago, WhiteSox2023 said:

I thought that was because Jerry swooped in and offered them a better deal?

Nah, JR is too cheap to offer anyone a good deal.

[southsider2k5]

2 hours ago, WhiteSox2023 said:

Thanks for sharing.  But one poster isn’t going to be happy about any of this.

Don't worry about him, he is getting all of his sads out with his passive aggressive laugh reacts.

[caulfield12]

29 minutes ago, WhiteSox2023 said:

I thought that was because Jerry swooped in and offered them a better deal?

They apparently are very interested in being involved in new stadium project...not happening in Minnesota for a long long time.

[tray]

5 hours ago, GreatScott82 said:

The most intruiging part about this whole Ishiba thing is the timeline. I'm assuming the Reinsdorf family ensured the Ishiba brothers that they will have first dibs to purchasing the Reinsdorf shares within a specific time frame. Why else would they purchase more shares and leave the Minnesota offer? My question is, what is that specific timeline? We could all speculate because of the age of Jerry, but could it be possible that Jerry is willing to sell his shares while still alive? 

An option is not a likely reason that Ishbia sought a minority share. Legally, a minority shareholder maintains certain rights, such as the right to examine the financials of the corporation and access to other corporation documents (i.e., meeting minutes from the last few years, copies of leases and contracts, etc.). Those would be critical to Ishbia for whatever his long term strategy might be.

[WhiteSox2023]

16 minutes ago, ptatc said:

Nah, JR is too cheap to offer anyone a good deal.

Well, definitely not a top MLB player, but he is 89 so he probably wants to make sure he sets up his family and being a businessman, of course he wants to work the deal.

[caulfield12]

6 minutes ago, WhiteSox2023 said:

Well, definitely not a top MLB player, but he is 89 so he probably wants to make sure he sets up his family and being a businessman, of course he wants to work the deal.

That sounds awfully familiar...minus 11 years.

[southsider2k5]

8 minutes ago, tray said:

An option is not a likely reason that Ishbia sought a minority share. Legally, a minority shareholder maintains certain rights, such as the right to examine the financials of the corporation and access to other corporation documents (i.e., meeting minutes from the last few years, copies of leases and contracts, etc.). Those would be critical to Ishbia for whatever his long term strategy might be.

The reporting is that he has had a minority share (~5%) for a number of years, and this just expanded his ownership position.  He's not a new owner.

[Kyyle23]

15 hours ago, southsider2k5 said:

Don't worry about him, he is getting all of his sads out with his passive aggressive laugh reacts.

 

[JoeC]

20 hours ago, caulfield12 said:

Something seems to be terribly wrong with Carlos Correa...that, and they can never keep Royce Lewis/Buxton both 100% healthy and on the field.

Yeah - wouldn't it suck to have a team incapable of keeping its cornerstone position players healthy and contributing? I can't possibly imagine what that would be like. It must be disappointing.

[77 Hitmen]

21 hours ago, Chicago White Sox said:

How dare that private equity scumbag build a ballpark in the 78!  Think of the ingress / egress challenges and lack of parking!  Some people may have to take public transportation with all the common folk!!

You forgot to mention that the 78 is practically a Superfund site (based on past posts that I've read here).  

[Kyyle23]

20 hours ago, PaleAleSox said:

What's wrong with him is probably what made both the Giants and Mets back out of their deals. 

It’s his ankle and more specifically the plate and screw parts holding it together 

[caulfield12]

https://sports.yahoo.com/nba/article/suns-owner-mat-ishbia-expects-stephen-a-smith-to-apologize-for-calling-him-one-of-the-worst-owners-in-nba-history-015433021.html

Engaging with Stephen A. Smith is kind of pointless for a billionaire (isn't a "deca" billionaire, over $10 billion?) to get riled up over something like this.   Obviously he didn't enjoy being painted with the same brush as a Donald Sterling or Sarver, the previous Suns' owner who went through some ugly sexual harassment/discrimination issues before basically being forced out.

If anything, it should provide more incentive to get out of his current quagmire they're experiencing...as Durant will be leaving and they'll have to reboot the entire franchise.

 

But Smith’s comments comparing him to the worst of the worst owners didn’t sit right with Ishbia.

“If he wants to say the first two and a half years Mat Ishbia bought the team, we didn’t win a championship, I think you could probably say that about almost every owner ever. But yeah, we had high expectations, but we didn’t win,” he said.

“We spent a lot of money and we didn’t win. Yep. Yep. Be critical of me on that. But to even say that kind of stuff, I think he’ll apologize. I think he was out of line and I think he knows that. I don’t think he really believes that.”

As for the Sterling comparison, Ishbia doesn't think that will stand for much longer.

“He’s doing his thing, he’s on the mic and I think he’ll apologize to me because I think it’s disrespectful to put my name aligned with anybody that was kicked out of the league or no longer part of it,” he said.

 

The man that Ishbia purchased the Suns from was extremely problematic, too. Robert Sarver was faced with racism, misogyny and workplace culture allegations before he eventually sold the team to Ishbia for $4 billion in 2023.

Ishbia, for all of the Suns’ issues, isn’t at that level.

But looking at how the Suns performed this season, it’s easy to see where Smith’s take is coming from. The Suns went just 34-46 and missed the playoffs for the first time since 2020 despite entering the year with the big three of Devin Booker, Kevin Durant and Bradley Beal. They fired coach Mike Budenholzer, too, which will set them up with a fourth head coach in four seasons once they hire his replacement, and Durant is likely on the move this offseason after a late trade for him fell through at the deadline a few months ago. Ishbia even admitted the season was “embarrassing” and a “failure.”

[caulfield12]

On 4/17/2025 at 1:08 AM, JoeC said:

Yeah - wouldn't it suck to have a team incapable of keeping its cornerstone position players healthy and contributing? I can't possibly imagine what that would be like. It must be disappointing.

You're just providing MORE ammunition for JR never to sign ANY player for over $75 million, lol...

Although how the Machado deal has worked out for SD isn't exactly one of them right now.   Not yet at least.

[Kyyle23]

8 hours ago, caulfield12 said:

https://sports.yahoo.com/nba/article/suns-owner-mat-ishbia-expects-stephen-a-smith-to-apologize-for-calling-him-one-of-the-worst-owners-in-nba-history-015433021.html

Engaging with Stephen A. Smith is kind of pointless for a billionaire (isn't a "deca" billionaire, over $10 billion?) to get riled up over something like this.   Obviously he didn't enjoy being painted with the same brush as a Donald Sterling or Sarver, the previous Suns' owner who went through some ugly sexual harassment/discrimination issues before basically being forced out.

If anything, it should provide more incentive to get out of his current quagmire they're experiencing...as Durant will be leaving and they'll have to reboot the entire franchise.

 

But Smith’s comments comparing him to the worst of the worst owners didn’t sit right with Ishbia.

“If he wants to say the first two and a half years Mat Ishbia bought the team, we didn’t win a championship, I think you could probably say that about almost every owner ever. But yeah, we had high expectations, but we didn’t win,” he said.

“We spent a lot of money and we didn’t win. Yep. Yep. Be critical of me on that. But to even say that kind of stuff, I think he’ll apologize. I think he was out of line and I think he knows that. I don’t think he really believes that.”

As for the Sterling comparison, Ishbia doesn't think that will stand for much longer.

“He’s doing his thing, he’s on the mic and I think he’ll apologize to me because I think it’s disrespectful to put my name aligned with anybody that was kicked out of the league or no longer part of it,” he said.

 

The man that Ishbia purchased the Suns from was extremely problematic, too. Robert Sarver was faced with racism, misogyny and workplace culture allegations before he eventually sold the team to Ishbia for $4 billion in 2023.

Ishbia, for all of the Suns’ issues, isn’t at that level.

But looking at how the Suns performed this season, it’s easy to see where Smith’s take is coming from. The Suns went just 34-46 and missed the playoffs for the first time since 2020 despite entering the year with the big three of Devin Booker, Kevin Durant and Bradley Beal. They fired coach Mike Budenholzer, too, which will set them up with a fourth head coach in four seasons once they hire his replacement, and Durant is likely on the move this offseason after a late trade for him fell through at the deadline a few months ago. Ishbia even admitted the season was “embarrassing” and a “failure.”

Spending a lot of money to try and win a championship but ultimately failing, does not make someone the worst owner in the history of the league.  Booker KD Paul and Beal didn’t work but damn man, that’s something you criticize the GM and head coach for putting that group together and being unable to win; not the owner for allowing him to spend it 

[southsider2k5]

6 hours ago, Kyyle23 said:

Spending a lot of money to try and win a championship but ultimately failing, does not make someone the worst owner in the history of the league.  Booker KD Paul and Beal didn’t work but damn man, that’s something you criticize the GM and head coach for putting that group together and being unable to win; not the owner for allowing him to spend it 

Way better than we have tried nothing and we are all out of ideas.

[Sleepy Harold]

 

Random nbb musings this fine Monday night. 

[DirtySox]

This was posted too. Something is up.

 

[caulfield12]

43 minutes ago, Sleepy Harold said:

 

Random nbb musings this fine Monday night. 

Wow...amazing insights.

Our three best pitching prospects will undoubtedly be held back until 2026, and THAT's finally when we can start realistically judging the potential outcomes of Rebuild 2: Electric Boogaloo.

[ChiliIrishHammock24]

2 different Sox insiders tonight have both hinted at new White Sox ownership news coming out soon, and the fact that neither of them seems to be hinting at Jerry giving up control is concerning. But clarity is still welcomed.