Jerry Reinsdorf open to selling the White Sox per Britt Ghiroli

[Tnetennba]

31 minutes ago, Harold's Leg Lift said:

or they're selling the minority shares to a new group who will help finance the new stadium.

🤞🏻🤞🏻

[Bob Sacamano]

Weren’t there just comments recently saying he has no interest in selling? Within the past few weeks?

[Lip Man 1]

31 minutes ago, Falstaff said:

There's 9.5 million people in the Chicagoland area and you are saying no expansion team would move here ?

It's possible if the Sox were to move an expansion team would be brought in given the size of the market but the Cubs and Brewers would scream bloody murder over territorial rights and would demand financial compensation which could throw a wrench into the plans. 

[Lip Man 1]

2 minutes ago, Bob Sacamano said:

Weren’t there just comments recently saying he has no interest in selling? Within the past few weeks?

Last August in his press conference he stated he's been asked why doesn't he sell and he replied (paraphrasing) 'I like what I'm doing and what else am I going to do?' 

Maybe the 121 loss season has changed his thinking it's hard to tell where he's at, but again and we'll find out over time I think this is a ploy. 

[Tnetennba]

3 minutes ago, Bob Sacamano said:

Weren’t there just comments recently saying he has no interest in selling? Within the past few weeks?

Yes. Which make this article feel like a full on JR leverage play. 

[kitekrazy]

Fake news.

[The Grinder]

So is Dave Stewart that influential that he can get a group of investors together to make a bid? He couldn't have made THAT much money during his playing days

[Lip Man 1]

Excellent story by Margalus:

Setting aside Reinsdorf’s assertion that the White Sox would be worth more in a far smaller market, any group attempting to move the team to Nashville would encounter the same headwinds in finding public financing for a new ballpark. 

https://soxmachine.com/2024/10/report-jerry-reinsdorf-open-to-selling-white-sox-in-discussions-with-dave-stewart/

 

[Stinky Stanky]

14 minutes ago, Bob Sacamano said:

Weren’t there just comments recently saying he has no interest in selling? Within the past few weeks?

He's always thinking.  So are we.

[Melton1972]

Dave Stewart is an asshole. I hated him as a player. Why can't Jerry sell to someone who is committed to make the Sox a first rate operation in Chicago? As a Brooklyn Dodger fan, does he want his legacy to be compared with Walter O'Malley. 

Edited yesterday at 12:19 AM by Melton1972

[The Beast]

1 hour ago, MikeKreevich said:

Oh hell no. 

Oh hell yeah!

[caulfield12]

4 hours ago, The Mighty Mite said:

 

Same here, I don’t want groups led by so and so, I want a guy or gal who has tons of money and isn’t afraid to spend it while keeping them in Chicago.

The Jeter thing definitely didn't work in Miami, and we'll see about Alex Rodriguez...that was for another sport other than baseball after some of his initial attempts failed.  They jury is still out, he was working with at least one major investment partner there.

Wasn't it the T-Wolves?

 

Even Tom Brady only has 10% of the Raiders now, for example.

Then obviously you have MJ.

 

 

Where's Mellody Hobson and George Lucas on all this???

Don't they own 40% of the existing shares right now?

Looking to cash out, or increase their investment?

Edited yesterday at 01:09 AM by caulfield12

[caulfield12]

54 minutes ago, Lip Man 1 said:

Excellent story by Margalus:

Setting aside Reinsdorf’s assertion that the White Sox would be worth more in a far smaller market, any group attempting to move the team to Nashville would encounter the same headwinds in finding public financing for a new ballpark. 

https://soxmachine.com/2024/10/report-jerry-reinsdorf-open-to-selling-white-sox-in-discussions-with-dave-stewart/

 

Wasn't TLR also labelled a "consultant" on that situation in Nashville, or was he also considered part of the investment group?

[SoxFan9733]

Need to start a petition to get Reinsdorf to sell to a local in town ownership group.

Also Need to include a condition to keep the white sox name in Chicago if he does sell to an out or town group and they move the team. 

[CWSpalehoseCWS]

2 hours ago, Falstaff said:

There's 9.5 million people in the Chicagoland area and you are saying no expansion team would move here ?

There is ZERO chance an expansion team is coming here. Either the Sox stay, or you're looking at the team moving with expansion going elsewhere. The belief MLB is simply going to be ok moving the Sox and then miraculously approving a new team in Chicago is straight up laughable.

[Milkman delivers]

1) I’m sure this is a scummy JR ploy to get his way. Nobody should be dumb enough to fall for it and cave to his demands.

2) Even if it’s true and they play to move the team. Good. Go.

[southsider2k5]

2 hours ago, Lip Man 1 said:

It's possible if the Sox were to move an expansion team would be brought in given the size of the market but the Cubs and Brewers would scream bloody murder over territorial rights and would demand financial compensation which could throw a wrench into the plans. 

MLB would have to give approval to a move.  There is no reason why they couldn't preserve territory rights, name and history as a part of an approval to keep access to what is currently a mid revenue baseball market. They would be stupid to piss that away.

[Vote4Pedro]

 

NBB has spoken

 

[southsider2k5]

1 hour ago, The Grinder said:

So is Dave Stewart that influential that he can get a group of investors together to make a bid? He couldn't have made THAT much money during his playing days

That's why I would guess the Hodson group.  They are already connected to the Sox, as is Stewart thru TLR, for whom Jerry met with Nashville for.  It fits together naturally.  He'd be turning this over to people he knows and trusts.

[baseball_gal_aly]

6 minutes ago, Vote4Pedro said:

 

NBB has spoken

 

If the Sox won't stay without public funding, they're goners. 

It is what it is. 

[WhiteSox2023]

2 hours ago, kitekrazy said:

Fake news.

Yep.  How often does Jerry pull this BS to get what he wants?

The rumors of moving the team to St. Petersburg, which ultimately got him funding for his first new stadium.

The meeting with the mayor of Nashville last offseason to pressure for funding toward his second new stadium.

Releasing two statements about the state of the team right before the season ended to avoid facing the media in a press conference.

Does anyone even know if Dave Stewart and his group of investors could afford to purchase a $2+ billion dollar team?

Jerry is a manipulative mofo and everything he does is for a reason.  I have no doubt he fed this BS “news” to The Athletic, just like he fed the previous rumors.

Edited yesterday at 02:40 AM by WhiteSox2023

[Big Hurtin]

Haven’t read the thread yet, just saw the headline and...

[Look at Ray Ray Run]

25 minutes ago, Vote4Pedro said:

 

NBB has spoken

 

So a new owner is going to pay the Chicago market price to buy the team and then move it to a market significantly smaller hurting the value of the purchase. 

Brilliant logic all around. 

[WhiteSox2023]

26 minutes ago, Vote4Pedro said:

 

NBB has spoken

 

A great tweet from a supposed “insider”.  Notice how he will be right, whichever way this goes?  Perfect ambiguous “insider” tweet.

[The Grinder]

Be nice if the Wirtz family estimated worth of 11 billion or the Crown family established worth of 15 billion would show interest