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Ishbia increasing minority stake in Sox


Fielder Jones

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  On 2/24/2025 at 5:12 PM, WhiteSox2023 said:

Yep, didn’t this supposedly happen a few offseason back when people said teams were colluding not to sign free agents, when a bunch of players went unsigned to the start of the season?

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The only time you can collude is when the current labor agreement expires . Then owners and labor both collude with everyone looking out for their pocketbooks. There's going to be some deep trenches along the front lines.

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  On 2/24/2025 at 5:05 PM, poppysox said:

Baseball has created a system in which a team or two can afford to spend above the cap while others choose to play small ball. The illusion that any team can win isn't there anymore. I have no idea where tomorrow's fans will be coming from.

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I think the most disheartening thing is after a 5-8 year period of the luxury tax being a legitimate scare, we've now entered this era of "they'll just defer payments to stay under the luxury tax and players are cool because deferred payments of $100s of millions is not that upsetting".

But hard not to want to see some changes because there is no team more greatly screwed by this CBA than the chicago white sox while owned by Reinsdorf.

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  On 2/24/2025 at 4:07 PM, Ducksnort said:

Right when the Sox are supposed to be competitive again. Just like in 2020 with the pandemic. We really are cursed aren't we.

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The Sox aren't going to be competitive in 2027 in my opinion so any type of labor unrest won't impact them from that standpoint. 

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  On 2/24/2025 at 5:24 PM, Lip Man 1 said:

The Sox aren't going to be competitive in 2027 in my opinion so any type of labor unrest won't impact them from that standpoint. 

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Sure it will. Even if you think the MLB won't be competitive there is the hindered development of the prospects.

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  On 2/24/2025 at 5:04 PM, Dick Allen said:

The easy solution is JR keep his shares until he dies but relinquishes control. 

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Of course if Ishbia has control and starts throwing money at the Sox while JRs been slashing he's bound to see that $1.8B valuation rise at which point the Brothers Reinsdorf sell their shares to Ishbia at a predetermined price between the 1.8 valuation and a new higher valuation.

Edited by CaliSoxFanViaSWside
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  On 2/24/2025 at 5:55 PM, ptatc said:

Sure it will. Even if you think the MLB won't be competitive there is the hindered development of the prospects.

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I may be wrong but any type of labor issues at the MLB level doesn't mean the minor league players/games won't continue, so they can still get work in.

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  On 2/24/2025 at 6:10 PM, Lip Man 1 said:

I may be wrong but any type of labor issues at the MLB level doesn't mean the minor league players/games won't continue, so they can still get work in.

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  On 2/24/2025 at 6:24 PM, southsider2k5 said:

They are now a part of the union, so that might not be true anymore.

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  On 2/24/2025 at 5:24 PM, Lip Man 1 said:

The Sox aren't going to be competitive in 2027 in my opinion so any type of labor unrest won't impact them from that standpoint. 

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If the Sox aren't competitive in 2027, something went really wrong. They have a top 5 system no money on the books going forward. It would be a huge problem if this prospect core ins't in the big leagues to close out 2026 at basically the latest. 

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  On 2/24/2025 at 6:34 PM, Y2Jimmy0 said:

 

 

If the Sox aren't competitive in 2027, something went really wrong. They have a top 5 system no money on the books going forward. It would be a huge problem if this prospect core ins't in the big leagues to close out 2026 at basically the latest. 

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The position player core is not there yet.  They have a few question marks at the top of the system, and then the core is much younger.  There are just so many position holes.

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  On 2/24/2025 at 5:12 PM, CaliSoxFanViaSWside said:

Exactly. That's what I've been sayin' my man. They streamlined the s%*#.

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It's a smart move, technically. IIRC, the approval process is a bit different if it's a current shareholder, it allows him to control who gets his team, keeps the capital gains tax low, and ups the value of his franchise when if he gets the stadium built before his shares are sold. 

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  On 2/24/2025 at 6:58 PM, nitetrain8601 said:

It's a smart move, technically. IIRC, the approval process is a bit different if it's a current shareholder, it allows him to control who gets his team, keeps the capital gains tax low, and ups the value of his franchise when if he gets the stadium built before his shares are sold. 

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I think getting a new stadium on the 78 is a stretch but the rest of it isn't. Share price will still rise . Building a new stadium might be completely Ishbia's baby.  But we're getting ahead of ourselves now.  Let's see what happens and if we get some answers on the 28th.

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  On 2/24/2025 at 5:12 PM, WhiteSox2023 said:

Yep, didn’t this supposedly happen a few offseason back when people said teams were colluding not to sign free agents, when a bunch of players went unsigned to the start of the season?

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There have been a bunch of formal accusations, and many more soft ones, including the last few years where a few free agents said every offer they would receive was remarkably similar.

https://en.wikipedia.org/wiki/Major_League_Baseball_collusion

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  On 2/24/2025 at 6:52 PM, southsider2k5 said:

If ownership changes, I will rerack my expectations, but as of now, it is going to be YEARS.

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I tend to agree with you. Their position prospects are brutal. Colson is a huge question mark, Teel is a C, Robert will be gone and we know the rest are a bucket of suck.

 

They would need huge investments into FA/international FA and to stop drafting LHP only in the first round

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  On 2/24/2025 at 6:10 PM, Lip Man 1 said:

I may be wrong but any type of labor issues at the MLB level doesn't mean the minor league players/games won't continue, so they can still get work in.

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I believe they are part of the union. But even if not, prolonging the time they can't get to the MLB will hinder the progress of the ones that are ready for that step.

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I reached out to a source who has been connected to the Sox organization for decades just to get their thoughts.

For what it is worth this was the reply:

"My understanding with Ishiba is he is offering a fair price to current investors to buy up their shares. A number of them have taken him up on his offer.

Jerry and Michael like him . He is building a massive home on the North Shore of Chicago which would lead you to believe he is focusing on potentially purchasing the club.

He definitely fits the mold of whom Jerry would sell to, but at the present time, Jerry still has no intention to sell. However, with Jerry turning 89 tomorrow and the pending lockout in ‘27, many feel he is getting ready to sell. 

Makes for interesting happenings on the South Side for the next year or so." 
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  On 2/24/2025 at 5:24 PM, Lip Man 1 said:

The Sox aren't going to be competitive in 2027 in my opinion so any type of labor unrest won't impact them from that standpoint. 

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Maybe not competitive yet, but they should at least be getting interesting by then a la the 2019 sox. 

At any rate, by 2027 they should have some young players on the MLB roster that they envision as part of the future core. Them missing those major league reps would definitely be a hindrance.

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  On 2/22/2025 at 11:43 PM, SoCalChiSox said:

This reminds me of how like 8 different Presidential administrations in a row kept saying Castro can't survive forever and he just outlasted administration after administration. 

 

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Castro died at age 90.   Jerry is about to turn 89.....and we're on the 8th Presidential administration since Jerry and Eddie bought the Sox.  

And yeah, this means absolutely nothing, but I'm just pointing that out. 

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  On 2/24/2025 at 8:07 PM, Lip Man 1 said:

I reached out to a source who has been connected to the Sox organization for decades just to get their thoughts.

For what it is worth this was the reply:

"My understanding with Ishiba is he is offering a fair price to current investors to buy up their shares. A number of them have taken him up on his offer.

Jerry and Michael like him . He is building a massive home on the North Shore of Chicago which would lead you to believe he is focusing on potentially purchasing the club.

He definitely fits the mold of whom Jerry would sell to, but at the present time, Jerry still has no intention to sell. However, with Jerry turning 89 tomorrow and the pending lockout in ‘27, many feel he is getting ready to sell. 

Makes for interesting happenings on the South Side for the next year or so." 
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Unless you guys are talking to Jerry or Michael or the Partners at BDT & MSD, everything else will just be noise.

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