Ishbia taking control by 2029?

[Milkman delivers]

16 hours ago, caulfield12 said:

Well there's always this ownership risk

 

"Ballmer has also ruled the Clippers according to the one thing we know about him — that he is one of the richest men in the world. He was supposed to be a breath of fresh air, a fun-loving personality who cared about fielding a contender. Instead, Ballmer has steered them right back to where they started, as a joke.

The Clippers are under investigation by the league office for allegations of salary-cap circumvention. That seems like a big deal, and it is, as Ballmer allegedly funded a corporate sponsor, Aspiration, which then paid Kawhi Leonard roughly $50 million for a "no-show" job, according to noted finder-outer Pablo Torre.

Chris Paul left the organization in 2017, pushing for a trade to the Houston Rockets, and ever since Ballmer has collected every big-name player he could get his hands on, no matter the risk. In one fell swoop, he signed Leonard and traded for Paul George, sending out Shai Gilgeous-Alexander and every available draft pick in the process. When a partnership of oft-injured stars yielded three playoff series victories in five years, Ballmer turned to James Harden, who has made the Clippers his latest vanity project. Not in a good way."

yahoo sports

I would prefer an owner who breaks/bends rules to spend more money, than our current one who probably breaks/bends rules to spend less.

[southsider2k5]

3 hours ago, Milkman delivers said:

I would prefer an owner who breaks/bends rules to spend more money, than our current one who probably breaks/bends rules to spend less.

This is exactly what I feel when people talk about the Ishbia's bad spending in Phoenix.  GIve me failed effort over no effort all day, every day.

[77 Hitmen]

7 hours ago, southsider2k5 said:

This is exactly what I feel when people talk about the Ishbia's bad spending in Phoenix.  GIve me failed effort over no effort all day, every day.

Also, let's not forget that the Ishbias bought the Suns in 2023 - less than 3 years ago.  It's not like they've had years and years of spending with poor results.

 

Edited December 5 by 77 Hitmen

[CWSpalehoseCWS]

8 hours ago, southsider2k5 said:

This is exactly what I feel when people talk about the Ishbia's bad spending in Phoenix.  GIve me failed effort over no effort all day, every day.

I couldn't agree more with this.

[poppysox]

I don't get it.  Can someone explain what makes 2029 a magical year for consummating an ownership turnover?  The two parties apparently agree on the price.  Why would the new owner want Jerry to select a ballpark site instead of himself?   Jerry could drop dead tomorrow or live til 100. Estate issues are not really an explanation for selecting 2029.   I can't understand a billionaire investing money while saying, "Sure, Jerry...you can run my investment into the ground for the next three years."  If Ishiba is committed to buying the WS, I imagine he could negotiate ballpark and salary cap issues, as well as those with Jerry.  I just don't get it.

[southsider2k5]

1 hour ago, poppysox said:

I don't get it.  Can someone explain what makes 2029 a magical year for consummating an ownership turnover?  The two parties apparently agree on the price.  Why would the new owner want Jerry to select a ballpark site instead of himself?   Jerry could drop dead tomorrow or live til 100. Estate issues are not really an explanation for selecting 2029.   I can't understand a billionaire investing money while saying, "Sure, Jerry...you can run my investment into the ground for the next three years."  If Ishiba is committed to buying the WS, I imagine he could negotiate ballpark and salary cap issues, as well as those with Jerry.  I just don't get it.

Almost certainly it is the subject of a rigid negotiation. 

Remember, Jerry wanted to talk Ishbia back from buying the Twins, so he had to offer him SOMETHING.  A vague promise of when I die wasn't going to be enough, hence this timeline of Jerry's control vs Ishbia's control.

[The Mighty Mite]

1 hour ago, poppysox said:

I don't get it.  Can someone explain what makes 2029 a magical year for consummating an ownership turnover?  The two parties apparently agree on the price.  Why would the new owner want Jerry to select a ballpark site instead of himself?   Jerry could drop dead tomorrow or live til 100. Estate issues are not really an explanation for selecting 2029.   I can't understand a billionaire investing money while saying, "Sure, Jerry...you can run my investment into the ground for the next three years."  If Ishiba is committed to buying the WS, I imagine he could negotiate ballpark and salary cap issues, as well as those with Jerry.  I just don't get it.

Excellent points.

[Chicago White Sox]

2 hours ago, poppysox said:

I don't get it.  Can someone explain what makes 2029 a magical year for consummating an ownership turnover?  The two parties apparently agree on the price.  Why would the new owner want Jerry to select a ballpark site instead of himself?   Jerry could drop dead tomorrow or live til 100. Estate issues are not really an explanation for selecting 2029.   I can't understand a billionaire investing money while saying, "Sure, Jerry...you can run my investment into the ground for the next three years."  If Ishiba is committed to buying the WS, I imagine he could negotiate ballpark and salary cap issues, as well as those with Jerry.  I just don't get it.

Final year of our current lease at Guaranteed Rate and my guess is having a new stadium in place is critical to whatever agreement they came to.  And it sounds like Ishbia will be super involved in the stadium process as likely future controlling owner and current majority owner.

[poppysox]

46 minutes ago, Chicago White Sox said:

Final year of our current lease at Guaranteed Rate and my guess is having a new stadium in place is critical to whatever agreement they came to.  And it sounds like Ishbia will be super involved in the stadium process as likely future controlling owner and current majority owner.

Then he should be super involved in building the team.

[Bob Sacamano]

Just now, poppysox said:

Then he should be super involved in building the team.

You’re months behind on this topic

[poppysox]

13 minutes ago, Bob Sacamano said:

You’re months behind on this topic

Never to late to b**** about something on Soxtalk.

[Chicago White Sox]

18 minutes ago, poppysox said:

Then he should be super involved in building the team.

I’m sure he’s going to get more involved, but he’s not yet the controlling owner so he’s not going to be the main decision maker in the interim.  Seems like he’s more involved on the stadium side of things due to some of the capital he’s bringing to the table as part of this past agreement.

[Quin]

49 minutes ago, poppysox said:

Never to late to b**** about something on Soxtalk.

Idk man, bitching about the 2006 playoff race would feel stale at this point.

[southsider2k5]

1 hour ago, poppysox said:

Then he should be super involved in building the team.

He 100% is involved behind the scenes.  There is zero chance dude has a two billion dollar purchase just blowing in the wind.  JR is out front quite on purpose right now.

[chitownsportsfan]

24 minutes ago, Quin said:

Idk man, bitching about the 2006 playoff race would feel stale at this point.

That was a fucking bummer. Team really seemed positioned to win back to back pennants and then went like 25-35 after the ASG including some brutal losses in the last two weeks.

[southsider2k5]

Just now, chitownsportsfan said:

That was a fucking bummer. Team really seemed positioned to win back to back pennants and then went like 25-35 after the ASG including some brutal losses in the last two weeks.

It's even worse in retrospect to know with the current playoff structure, the Sox make it.

[Lip Man 1]

1 hour ago, chitownsportsfan said:

That was a fucking bummer. Team really seemed positioned to win back to back pennants and then went like 25-35 after the ASG including some brutal losses in the last two weeks.

Yes they fell apart after the break, still finished with 90 wins though.

[77 Hitmen]

1 hour ago, chitownsportsfan said:

That was a fucking bummer. Team really seemed positioned to win back to back pennants and then went like 25-35 after the ASG including some brutal losses in the last two weeks.

 

1 hour ago, southsider2k5 said:

It's even worse in retrospect to know with the current playoff structure, the Sox make it.

Yep, they would have gotten the 2nd WC spot that season.

They had a 19-inning victory just before the All Star break that gave them a 57-31 record - on pace to win over 100 games.   Then they went 2-10 right after the break.

[Snopek]

10 minutes ago, 77 Hitmen said:

 

Yep, they would have gotten the 2nd WC spot that season.

They had a 19-inning victory just before the All Star break that gave them a 57-31 record - on pace to win over 100 games.   Then they went 2-10 right after the break.

Yep, 19 inning win vs Boston and Iguchi with the game winning hit. I remember after that game thinking that no one was stopping them from repeating. Little did I know that would be the apex of the season and the beginning of the end. 

[caulfield12]

4 hours ago, Snopek said:

Yep, 19 inning win vs Boston and Iguchi with the game winning hit. I remember after that game thinking that no one was stopping them from repeating. Little did I know that would be the apex of the season and the beginning of the end. 

26 games over .500 at that point, ASB.

Something like that.

Got to Papelbon.

 

[Lip Man 1]

July 9, 2006 - Tadahito Iguchi’s single in the last of the 19^th inning gave the White Sox a dramatic 6-5 win over Boston at U.S. Cellular Field in the final game before the All-Star break. Jermaine Dye’s two out, ninth inning home run tied the game at three. Both teams scored two runs in the 11^th and the score stayed that way until the 19^th. The game took 6:19 to play. It also appeared to take something out of the World Champions; they lost 10 of the next 12 after the break and skidded to a 90-win season.

[77 Hitmen]

On 12/8/2025 at 8:13 AM, poppysox said:

I don't get it.  Can someone explain what makes 2029 a magical year for consummating an ownership turnover?  The two parties apparently agree on the price.  Why would the new owner want Jerry to select a ballpark site instead of himself?   Jerry could drop dead tomorrow or live til 100. Estate issues are not really an explanation for selecting 2029.   I can't understand a billionaire investing money while saying, "Sure, Jerry...you can run my investment into the ground for the next three years."  If Ishiba is committed to buying the WS, I imagine he could negotiate ballpark and salary cap issues, as well as those with Jerry.  I just don't get it.

 

On 12/8/2025 at 9:30 AM, southsider2k5 said:

Almost certainly it is the subject of a rigid negotiation. 

Remember, Jerry wanted to talk Ishbia back from buying the Twins, so he had to offer him SOMETHING.  A vague promise of when I die wasn't going to be enough, hence this timeline of Jerry's control vs Ishbia's control.

The only thing I can think of that makes 2029 a "magical year" is that it's the year the Sox lease at Rate Field expires.   Otherwise, I agree that it is a weird arrangement.  Sell the team....but Jerry's option to sell doesn't even kick in until 2029 and Ishbia's option to buy doesn't kick in until freaking 2034 - nine years from now and when Jerry will be 98.  What happens if Jerry passes before 2029?  I have no idea.

@southsider2k5 is totally right that JR saw that Ishbia was about to buy the Twins and had to do something now.  JR also realized that his plan to get public funding for a new stadium was DOA in Springfield, so he didn't want to lose Ishbia as not only purchaser of the team, but also perhaps financer of the new stadium. 

I found it interesting that they officially announced the team sale/infusion of cash agreement only a few days after the Fire announced their stadium plans at the 78.  It's possible that was just a coincidence, but it does make me think that JR saw his window for a Sox stadium at the 78 closing and wanted to get financing for the ballpark going while the property was still available.  

[southsider2k5]

11 minutes ago, 77 Hitmen said:

 

The only thing I can think of that makes 2029 a "magical year" is that it's the year the Sox lease at Rate Field expires.   Otherwise, I agree that it is a weird arrangement.  Sell the team....but Jerry's option to sell doesn't even kick in until 2029 and Ishbia's option to buy doesn't kick in until freaking 2034 - nine years from now and when Jerry will be 98.  What happens if Jerry passes before 2029?  I have no idea.

@southsider2k5 is totally right that JR saw that Ishbia was about to buy the Twins and had to do something now.  JR also realized that his plan to get public funding for a new stadium was DOA in Springfield, so he didn't want to lose Ishbia as not only purchaser of the team, but also perhaps financer of the new stadium. 

I found it interesting that they officially announced the team sale/infusion of cash agreement only a few days after the Fire announced their stadium plans at the 78.  It's possible that was just a coincidence, but it does make me think that JR saw his window for a Sox stadium at the 78 closing and wanted to get financing for the ballpark going while the property was still available.  

It is incredibly obvious to me that there is a LOT happening behind the scenes that we won't know about until the big press conference.  They are 100% working in the background on a new stadium.  Ishbia's comments to the Pope confirm that much to me.  I fully believe Jerry is still out front to be the asshole on the two big questions marks surrounding this franchise right now with the new stadium, and the upcoming labor fight.  Jerry takes the bullets, Ishbia comes in clean, and Jerry gets PAID in return, but also with the flexibility that he hopes will allow this transaction to happen upon his death to avoid all of the double taxation nightmares.

[poppysox]

23 hours ago, Chicago White Sox said:

I’m sure he’s going to get more involved, but he’s not yet the controlling owner so he’s not going to be the main decision maker in the interim.  Seems like he’s more involved on the stadium side of things due to some of the capital he’s bringing to the table as part of this past agreement.

Jerry would not need to sell any shares to give up the managing partner title.  Therefore, no estate issue was solved by this arrangement.  The fans would certainly prefer knowing that Ishiba is calling the shots.

[southsider2k5]

1 minute ago, poppysox said:

Jerry would not need to sell any shares to give up the managing partner title.  Therefore, no estate issue was solved by this arrangement.  The fans would certainly prefer knowing that Ishiba is calling the shots.

The title is just that, a title.  Behind the scenes is almost certainly different.  There is no billionaire on earth putting billions of dollars into a vanity project and staying quiet.  This has all been worked out behind closed doors.