JR has "Strongly Suggested" the sale of Sox upon his death

[southsider2k5]

http://www.sportsbusinessdaily.com/Daily/I.../White-Sox.aspx

 

 

[Kyyle23]

well, this is morbid

[iamshack]

How about we put the title in correctly (i.e., HAS strongly suggested)...I thought he was dead for a second!

[Dick Allen]

Reading the Tribune article, if he choked on a bratwurst during the next homestand, the executors would take over control. I have no idea how many executors he has but I would be surprised if his son who is president of the Bulls isn't the executor or one of them. From the Tribune article, the investors really cannot force or block a sale, JR has all the power. It also is interesting that when board members die or sell their interests, they are not replaced. His son said "it would depend on the day" when asked his thoughts about selling. I think he takes over. The piece did mention that a couple of investors said JR owned about 14% of the team now. JR said that was severly understated and that no investor knows how much he has except him.

 

JR wanted them to keep the Bulls and I would assume because profits are pretty much built in. It's a little tougher in baseball, but if you had the passion and were one of his kids, I think it would be hard not to at least try to run them for a while.

Edited July 29, 2013 by Dick Allen

[LittleHurt05]

I enjoyed those Tribune articles about every Chicago sports owner. Very interesting to see how the power breaks down and what their succession plans are.