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 Chicago White Sox continue to press for funding for a new stadium, a local billionaire is reportedly buying more shares in the team.
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.
Justin Ishbia, the billionaire part-owner of the Phoenix Suns, had been the only publicly identified prospective buyer for the Minnesota Twins. But Ishbia instead is increasing his stake in the Chicago White Sox,
Billionaire Justin Ishbia no longer will pursue buying the Minnesota Twins, shifting his focus to increasing his minority share of the Chicago White Sox, The Athletic reported. Ishbia, who founded
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.
According to reports, the Minnesota Twins have lost Billionaire Justin Ishbia as a potential buyer of the team. Ishbia will instead buy more from shares from other partners to increase his minority stake in the Chicago White Sox.
The Minnesota Twins' ownership saga has taken an unexpected turn. Billionaire businessman Justin Ishbia, once a frontrunner to acquire the franchise, has withdrawn his bid to focus on increasing his stake in the Chicago White Sox.
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.
The Athletic reported Friday night that Justin Ishbia, a potential buyer of the Twins, has decided to increase his stake in the rival Chicago White Sox.
Justin Ishbia is dropping his pursuit to purchase the Minnesota Twins, according to a bombshell report from The Athletic. Ishbia, who was reportedly the leading contender to win a bid for the Twins, will instead increase his stake in the Chicago White Sox,
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.