White Sox Announce Long-Term Deal With Justin Ishbia for Future Ownership

The Chicago White Sox have announced a forthcoming change in ownership, with billionaire private equity investor Justin Ishbia positioned to take control of the team sometime between 2029 and 2034.

In a press release issued Tuesday, the White Sox revealed that current owner Jerry Reinsdorf and Ishbia have reached a long-term investment agreement, laying the groundwork for Ishbia to assume majority ownership of the franchise eventually.

Under the agreement, Ishbia will be a limited partner in 2025 and 2026...