White Sox discussing SALE to Dave Stewart (Report)



White Sox discussing SALE to Dave Stewart (Report)

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Longtime majority owner Jerry Reinsdorf is open to selling the Chicago White Sox, sources briefed on the matter but not authorized to discuss it publicly told The Athletic. The 88-year-old Reinsdorf is in active discussions with a group led by former big leaguer Dave Stewart.

Reinsdorf led a group that bought the White Sox for roughly $20 million in 1981 and is the second-longest active owner in MLB, trailing only the Steinbrenner family, who bought the Yankees in 1973. According to Forbes, Reinsdorf owns an estimated 19 percent of the White Sox, the entirety of which is believed to be part of potential sale discussions. Reinsdorf is the second owner in a week to publicly explore a path to selling. The Pohlad family, who has owned the Minnesota Twins since 1984, announced on Thursday plans to explore selling the team.

Read More: https://www.nytimes.com/athletic/5848339/2024/10/16/jerry-reinsdorf-chicago-white-sox-sale/

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36 comments
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  2. Reinsdorf has completely ruined his new Chicago Sports Network. He’s made it damn near Impossible to watch my Bulls, Blackhawks, and eventually White Sox. sooner he’s out of the picture, the better. I just hope this isn’t one last middle finger to Chicago before the Sox get shipped off to Nashville

  3. If Stewart's group gets the team, they'll be moving to Nashville. Period. Chicago will help fund the Bears, but the White Sox won't get funding

  4. I’m all for new ownership for the White Sox as long as they stay in Chicago.. 3rd largest market deserves 2 teams.. If anyone wants to relocate a team, move the Twins or Brewers😢

  5. Would love for Stew to relocate them to Oakland but how good would we be as fans to have another fanbase ripped of their franchise like ours, nothing but the best for Stew and White Sox fans, FJF forever

  6. If the Rays can't play in the Trop, they should play at Guarantee Rate Field (so that folks on the South Side can actually see a MLB team), while the White Stockings play in Summerlin (so the folks in Vegas can know what things will be like when or if the A's move there).

  7. It’s another Reinsdorf scam. Slap yourselves. It’s 1990 all over again. Before he threatened to move to Tampa Bay if the State did not build him a stadium. A Republican governor caved and abandoned all pretenses about being against welfare and gave Reinsdorf the biggest corporate welfare check imaginable.

    This time he first threatened to move to Nashville. When word got out that Nashville said, “No thanks,” Reinsdorf changed strategies. “I’ll sell to Stewart who will move the White Sox to Nashville.”

    Let him. MLB will suffer in Chicago. Do you think Sox fans will become Cubs fans or travel by the millions to Nashville? Not a chance.

    And the 78th will stay vacant. (No one has still answered the question how Reinsdorf wrestled the property from a fugitive.)

    Bottom line: Don’t build MLB a free stadium in Chicago again. Let the owner pay for it.

  8. This is awful for white sox fans honestly. It's a lose lose situation. Either jerry keeps the Sox or we lose our team.

    He's also really good friends with LaRussa. This just seems like one last attempt from Jerry to say screw the fans. This is not being taken well in Chicago right now from all media outlets

  9. I’m down with new ownership for the White Sox but please don’t try to move the team. We are die hard fans and love the whitesox!!! There’s no bigger market and fans that’s looking for a winning franchise like Chicago SouthSide

  10. Won’t any potential new owner of any of the teams currently on the block need permission to relocate to another City? Would that permission take at least a year to happen? Also, wouldn’t relocation come with its own huge cost? Look at the experience of the Oakland A’s. Had to leave Oakland, find a decent temporary home, get $$$$ from Vegas, buy land and build a brand new stadium. Seems like an incredibly mega expensive way to acquire a baseball team just to move it to a new location. But what do I know????

  11. That would be awesome for Dave & baseball. I will say that I knew Dave as a player & in the Front Office of the Blue Jays & he definitely has the 'chops' to be an excellent owner. Go get it Dave!

  12. Yes, Reinsdorf will show a nice profit when he sells the team. However, if he had simply put that money into an S&P 500 index fund in 1981 instead of buying the team, that investment would now be worth $2,696,754,622.

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