Justin Ishbia, one of the owners of the NBA's Phoenix Suns, had in recent weeks looked like a favorite to buy the Minnesota Twins from the Pohlad family. Instead, it appears that he might be shifting his priorities to becoming the successor of White Sox owner Jerry Reinsdorf.
The Twins are hustling to regroup after learning this week that a leading contender in their search for a new owner has abandoned his bid.
A security guard removes a sign portraying Chicago White Sox Chairman Jerry Reinsdorf as Bozo the Clown hanging from the 300 level of Guaranteed Rate Field during the eighth inning of a baseball game between the White Sox and the Baltimore Orioles on May 23, 2024, in Chicago.
Michael Rand with the Minnesota Star Tribune has been following the ownership bidding and joined Morning Edition host Cathy Wurzer with an update.
As the Chicago White Sox continue to press for funding for a new stadium, a local billionaire is reportedly buying more shares in the team.
The Minnesota Twins hoped Justin Ishbia was going to buy the team only for him to spurn them for the Chicago White Sox.
Ishbia has dropped his pursuit of the Twins, The Athletic has learned, and will instead increase his minority stake in the White Sox.
As the rumors of a Twins sale continue, Justin Ishbia, co-owner of the Phoenix Suns with his brother Mat, will not pursue the team.
According to a recent report in The Athletic, Justin Ishbia is going to stop his attempt to buy the Minnesota Twins, who are up for sale from the Pohlad Family.
The Minnesota Twins officially opened spring training in Fort Myers, Florida, on Feb. 17. The team hopes to rid itself of the stench of its total team collapse at the end of last season.
The Shore Capital Partners chief has abandoned his pursuit of the Minnesota Twins and will instead increase his existing minority stake in the Sox, the Athletic reports today, citing unnamed sources.