Jerry Reinsdorf open to selling the White Sox per Britt Ghiroli

[Green Line]

50 minutes ago, Balta1701 said:

 

That wasn't a very reassuring statement.

[WhiteSox2023]

26 minutes ago, Dick Allen said:

Yeah, the issue is location.  LMAO.

The latest TLR interview is even more embarrassing.  TLR basically absolved Jerry of any blame and said he is a great owner.  He instead blamed all the people JERRY FREAKING HIRED.  You can’t make this stuff up.  I’ll have to find the interview video/transcript and create a thread on it.  I heard about it on Mully and Haugh this morning on The Score.

EDIT:  Here it is…

 

Edited October 23 by WhiteSox2023

[WhiteSox2023]

20 minutes ago, Green Line said:

That wasn't a very reassuring statement.

What do you mean?  Manfred literally said, “I have confidence that things are going to work out in Chicago and we’re going to continue to have two teams in Chicago.”

Manfred just questioned the location of the current stadium, which is a bunch of BS anyways.  The problem is the owner and how every decision he makes turns to cow dung.

Edited October 23 by WhiteSox2023

[whitesoxfan99]

13 hours ago, Balta1701 said:

How many of them got a $2 billion handout?

And don't really generate jobs (and almost all the jobs they do generate are low wage and seasonal)?  

[Tnetennba]

1 hour ago, WhiteSox2023 said:

What do you mean?  Manfred literally said, “I have confidence that things are going to work out in Chicago and we’re going to continue to have two teams in Chicago.”

Manfred just questioned the location of the current stadium, which is a bunch of BS anyways.  The problem is the owner and how every decision he makes turns to cow dung.

Manfred is completely two faced, so I wouldn't take him at his word, especially on a local Chicago show. If there is a way to line his and Jerry's pockets by moving, he'll be all over it. Oakland is the perfect example.

[BrittBurnsFan]

4 hours ago, Tnetennba said:

Manfred is completely two faced, so I wouldn't take him at his word, especially on a local Chicago show. If there is a way to line his and Jerry's pockets by moving, he'll be all over it. Oakland is the perfect example.

Was that local?  Not a big deal to me...but I thought that was Parkins' new gig in NY on a FSR national show?

[Lip Man 1]

1 hour ago, BrittBurnsFan said:

Was that local?  Not a big deal to me...but I thought that was Parkins' new gig in NY on a FSR national show?

Correct it was the national show where he asked him about the White Sox situation.

[Tnetennba]

1 hour ago, BrittBurnsFan said:

Was that local?  Not a big deal to me...but I thought that was Parkins' new gig in NY on a FSR national show?

Ah, I pay so little attention to sports radio that I assumed Parkins was still with the Score. 

[LittleHurtCG]

On 10/23/2024 at 12:28 PM, whitesoxfan99 said:

And don't really generate jobs (and almost all the jobs they do generate are low wage and seasonal)?  

Correct. The White Sox are not some huge Chicagoland employer. Most of the jobs they generate are outsourced anyways. All the people working the concession stands are not actually employed by the White Sox. 

[Dick Allen]

36 minutes ago, LittleHurtCG said:

Correct. The White Sox are not some huge Chicagoland employer. Most of the jobs they generate are outsourced anyways. All the people working the concession stands are not actually employed by the White Sox. 

And jobs aren't being created. They are just moving to a different location.

[shago]

On 10/22/2024 at 10:31 PM, Rusty said:

There’s a fire station in Englewood currently without a ladder truck and ambulance because the city can’t afford to fix them.  They just cancelled two consecutive police academy classes because they literally can’t afford to run them.  The state of Illinois is a single notch above junk status on its debt rating.  But yeah…let’s totally give the worst team in MLB history with a billionaire owner a bunch of public funds to build a new stadium and get richer even though he completely ripped us off on the last one.  How exactly do you think both the City and State got into this situation?  

Don't stop now boys ... the Silver Streak did crash in Chicago afterall

[kitekrazy]

10 hours ago, LittleHurtCG said:

Correct. The White Sox are not some huge Chicagoland employer. Most of the jobs they generate are outsourced anyways. All the people working the concession stands are not actually employed by the White Sox. 

They can't even get good MLB player to work for them.

2 100 loss season and lower payroll for the next 100 loss season.

Reinsdorf takes the top and the please just f*** off list.

I'd prefer no White Sox team than a Reinsdorf run team.  What's the difference?  It's a dead franchise.

 

 

Edited October 25 by kitekrazy

[southsider2k5]

Much as his history has been, Tony ruins everything. 

https://www.audacy.com/wbbm780/news/local/tony-larussa-speaks-on-recent-report-of-white-sox-for-sale

 

[Tnetennba]

3 hours ago, southsider2k5 said:

Much as his history has been, Tony ruins everything. 

https://www.audacy.com/wbbm780/news/local/tony-larussa-speaks-on-recent-report-of-white-sox-for-sale

 

On one hand, TLR shooting down the speculation that Jerry is interested in selling to a Stewart led group with ties to Nashville is a positive. One the other, it means Jerry isn't selling in the near future, and will continue to destroy his own franchise from within. So, yeah. 

 

 

[Lightly Folded]

Rep. La Shawn Ford calls for state to sell White Sox property

Ford is filing legislation for the sale, which he said could pay off debt and serve as a new source of property tax revenue.

Austin Neighborhood News. 

[Lightly Folded]

 

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POSTED INNEWS

Rep. La Shawn Ford calls for state to sell White Sox property

Ford is filing legislation for the sale, which he said could pay off debt and serve as a new source of property tax revenue 

by Jessica MordacqOctober 28, 2024

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The exterior of the MLB's Chicago White Sox's Guaranteed Rate Field. | Credit: Joseph Hendrickson/Adobe Stock

La Shawn Ford, who represents the 8th District in the Illinois House of Representatives, is filing legislation to sell the state-owned property where the White Sox play on Chicago’s South Side.

Though Guaranteed Rate Field isn’t in the 8th District — which encompasses part of Chicago’s Austin neighborhood and the Forest Park suburb — Ford said selling this land would benefit more than just the South Side, allowing Illinois to pay off debt associated with the White Sox and receive revenue from property taxes, which the state doesn’t pay. 

The attempt to pass legislation comes after a recent report that White Sox owner Jerry Reinsdorf is open to selling the team. 

To sell state-owned property, Ford has to get authorization from the state by filing legislation, something he says must be done at some point if the state eventually wants to sell the land.

“Whether we sell it today or not, we still need a bill to be passed to allow for the state to sell the land,” Ford said. 

“The state has a need for revenue,” he added. And the White Sox aren’t exactly a money-making team. 

The Illinois Sports Facilities Authority owns the land that Guaranteed Rate Field sits on. The group was created in 1987 as a way to fund the state’s professional sports teams and the construction or renovation of their stadiums, according to WGN TV.  

Guaranteed Rate Field has cost the government $200 million since 2010, South Side Weekly reported earlier this year. But the White Sox have only paid ISFA about $27 million back in that time. 

Even if the Sox stays at Guaranteed Rate Field, selling the land to a private developer would increase the amount the city gets in taxes from the property.

That money, Ford said, could be used to fund deferred maintenance or expanded housing for Illinois universities, many of which Ford said are requesting one or both from legislators. 

For example, Chicago State has $89 million of deferred maintenance and $192 million of additional renovations that need to be completed, according to The Daily Line. 

“While we have a sports team that has their hands out saying they need money to build a stadium,” Ford said, “we need to make sure that we speak up for our public universities and communities that need development.” 

“By redirecting proceeds from a potential sale of this prime real estate, Illinois could make transformative investments in higher education, ensuring safe, state-of-the-art learning environments that attract students and faculty,” Ford wrote in a letter to Gov. JB Pritzker earlier this month, calling for the sale of the property and telling him he’d be filing legislation to do so. “This would strengthen our educational infrastructure and provide a lasting economic boost to our state.”

If Reinsdorf sells the team, and the state sells the property, Guaranteed Rate Field could become housing, businesses, or both through a mixed-use concept. This, Ford said, would improve the state of Chicago’s economy. 

“There’s a need for housing, and there’s a need for business growth in that area,” Ford said, both of which would create revenue for the state.

He added that the location of Guaranteed Rate Field, next to the Red Line and the expressway, is an ideal location. 

“It’s a perfect place for development of housing, shopping, and we can’t miss this opportunity,” Ford said. “We have to find a way to stop Illinoisans from leaving, and this is one way to do that.” 

Ford said he learned about filing legislation to sell state-owned property through his involvement in the sale of the Thompson Center. In 2022, the state sold the building that once housed its government headquarters to a development firm for $30 million and the acquisition of a $75 million office building downtown. Google is expected to move into the building after what is expected to be years of renovations are completed, according to Capitol News Illinois. 

“The county now receives the benefit of the new landowner paying property taxes,” Ford said. “And they’re going to create jobs and other opportunities for tax revenue for the state and the city and the county — without regressive taxing.” 

[ThirdGen]

How in the world has GRF cost the state $200 million over the last 14 years?  It didn't even cost that much to build in the first place.

[Lightly Folded]

Sorry. I didn’t in intend to include the political ad at the top of the Austin News piece.

[kitekrazy]

23 hours ago, ThirdGen said:

How in the world has GRF cost the state $200 million over the last 14 years?  It didn't even cost that much to build in the first place.

Everything in politics costs a lot of money. Most of them eat $14 muffins.

[hi8is]

I’ll provide my contribution to this thread, finally…

“Jerry is open to selling…”

Yea, my ass he is.

[Dick Allen]

On 10/28/2024 at 4:26 PM, ThirdGen said:

How in the world has GRF cost the state $200 million over the last 14 years?  It didn't even cost that much to build in the first place.

The White Sox don’t pay for upkeep and improvements, and when the ISFA took on the Bears Reno, they had to mess around with their bonds. This will be the same problem only 5 to tenfold if the state caves and builds both new stadiums.

[JoeC]

19 hours ago, hi8is said:

“Jerry is open to selling…”

"...out his fanbase to get what he wants"