tray Posted March 4 Share Posted March 4 (edited) I am wary of a private equity investor who lays in wait for years holding a minority stake rather than simply making a public overture to purchase the team outright, or alternatively, explain what his game is here. At some point perhaps Hobson/George Lucas decide to combine shares with Michael Reinsdorf and just box him out. That would be beating Ishbia at his own game. Edited March 4 by tray 1 Quote Link to comment Share on other sites More sharing options...
tray Posted March 4 Share Posted March 4 On 3/4/2025 at 4:19 AM, 77 Hitmen said: The idea that he might actually buy the Sox almost sounds too good to be true to me. Expand My concern is that Ishbia will be a short term owner, a private equity investor who improves the value of the franchise and then flips and maybe relocates the team. In some sense, that is what he does for a living. Quote Link to comment Share on other sites More sharing options...
WhiteSox2023 Posted March 4 Share Posted March 4 On 3/4/2025 at 8:07 AM, tray said: My concern is that Ishbia will be a short term owner, a private equity investor who improves the value of the franchise and then flips and maybe relocates the team. In some sense, that is what he does for a living. Expand Did he do that with the Phoenix Suns? Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted March 4 Share Posted March 4 On 3/4/2025 at 10:34 AM, WhiteSox2023 said: Did he do that with the Phoenix Suns? Expand Were the Suns a distressed asset? Quote Link to comment Share on other sites More sharing options...
soxfan18 Posted March 4 Share Posted March 4 (edited) On 3/4/2025 at 7:39 AM, tray said: I am wary of a private equity investor who lays in wait for years holding a minority stake rather than simply making a public overture to purchase the team outright, or alternatively, explain what his game is here. At some point perhaps Hobson/George Lucas decide to combine shares with Michael Reinsdorf and just box him out. That would be beating Ishbia at his own game. Expand He's made it no secret that he wants to own a team, that baseball is his passion. Nothing you're saying makes any bit of sense, knowing what we know about the team ownership stakes he's already been involved in. You think he's building his Winnetka estate to flip it, too? That's what he does for a living, after all. Edited March 4 by soxfan18 4 Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted March 4 Share Posted March 4 On 3/4/2025 at 8:07 AM, tray said: My concern is that Ishbia will be a short term owner, a private equity investor who improves the value of the franchise and then flips and maybe relocates the team. In some sense, that is what he does for a living. Expand The human embodiment of a turd in a punch bowl. 1 4 Quote Link to comment Share on other sites More sharing options...
Fielder Jones Posted March 4 Author Share Posted March 4 I dont think the Sox will move any time soon, especially if Ishbia is the next owner. That said, never rule out a move completely. If they were starting an MLB tomorrow, there's no way Chicago would have two teams. It's just not where we're at Quote Link to comment Share on other sites More sharing options...
hogan873 Posted March 4 Share Posted March 4 On 3/4/2025 at 2:32 PM, Fielder Jones said: I dont think the Sox will move any time soon, especially if Ishbia is the next owner. That said, never rule out a move completely. If they were starting an MLB tomorrow, there's no way Chicago would have two teams. It's just not where we're at Expand Despite an atrocious year for the Sox, the two Chicago teams had almost 4.3 million people attend games. And before last year, they saw 4.5 million+ annually. I might agree that Chicago wouldn't get two teams if MLB was to start today, but there are more than enough baseball fans in Chicagoland to support two teams. If (hopefully) the Sox get a new owner that actually wants to spend and put a good product on the field, the Sox could get back to having attendance of 2 million or more. Build a new stadium along with a better team, and attendance won't be an issue. 2 1 Quote Link to comment Share on other sites More sharing options...
Kyyle23 Posted March 4 Share Posted March 4 Guys, but what if he owns a tree chipper and he painted on the side “puppies and kittens go in here”…..????? What will you think about him THEN!!?!? 2 Quote Link to comment Share on other sites More sharing options...
Sox Pride 22 Posted March 4 Share Posted March 4 Quote On 3/4/2025 at 2:47 PM, Kyyle23 said: Guys, but what if he owns a tree chipper and he painted on the side “puppies and kittens go in here”…..????? What will you think about him THEN!!?!? Expand Expand That depends, is the chipper owned by private equity? 1 4 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4 Share Posted March 4 On 3/4/2025 at 7:39 AM, tray said: I am wary of a private equity investor who lays in wait for years holding a minority stake rather than simply making a public overture to purchase the team outright, or alternatively, explain what his game is here. At some point perhaps Hobson/George Lucas decide to combine shares with Michael Reinsdorf and just box him out. That would be beating Ishbia at his own game. Expand I feel bad explaining to you that Non-Disclosure Agreements are a thing. 1 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4 Share Posted March 4 On 3/4/2025 at 8:07 AM, tray said: My concern is that Ishbia will be a short term owner, a private equity investor who improves the value of the franchise and then flips and maybe relocates the team. In some sense, that is what he does for a living. Expand Which makes total sense with his flagstar business and a new $80 million house being built somewhere else... oh wait. Quote Link to comment Share on other sites More sharing options...
Ducksnort Posted March 4 Share Posted March 4 On 3/4/2025 at 2:47 PM, Kyyle23 said: Guys, but what if he owns a tree chipper and he painted on the side “puppies and kittens go in here”…..????? What will you think about him THEN!!?!? Expand wtf lol Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4 Share Posted March 4 On 3/4/2025 at 2:55 PM, Sox Pride 22 said: That depends, is the chipper owned by private equity? Expand Of course, who else would own a puppy and kitten chipper? 1 Quote Link to comment Share on other sites More sharing options...
Y2Jimmy0 Posted March 4 Share Posted March 4 Bob Nightengale was on 670 this morning and speculated that Justin Ishbia has close to 40% of the team now. 4 1 1 Quote Link to comment Share on other sites More sharing options...
Harold's Leg Lift Posted March 4 Share Posted March 4 On 3/4/2025 at 3:28 PM, Y2Jimmy0 said: Bob Nightengale was on 670 this morning and speculated that Justin Ishbia has close to 40% of the team now. Expand Unless the amount he previously owned was misreported that number is high. Quote Link to comment Share on other sites More sharing options...
GreatScott82 Posted March 4 Share Posted March 4 On 3/4/2025 at 3:28 PM, Y2Jimmy0 said: Bob Nightengale was on 670 this morning and speculated that Justin Ishbia has close to 40% of the team now. Expand Wow. This would be huge if true. I'm assuming at 40%, he would own more shares than Jerry, correct? Quote Link to comment Share on other sites More sharing options...
Kyyle23 Posted March 4 Share Posted March 4 It’s Boob, though. Just sayin 1 Quote Link to comment Share on other sites More sharing options...
Y2Jimmy0 Posted March 4 Share Posted March 4 On 3/4/2025 at 3:46 PM, Kyyle23 said: It’s Boob, though. Just sayin Expand He's gotten much more correct on the Sox than he's ever gotten wrong. That trade was done but I believe Matt Foster or the pitcher in return was hurt and Arizona backed out. 4 Quote Link to comment Share on other sites More sharing options...
Y2Jimmy0 Posted March 4 Share Posted March 4 On 3/4/2025 at 3:41 PM, GreatScott82 said: Wow. This would be huge if true. I'm assuming at 40%, he would own more shares than Jerry, correct? Expand Jerry doesn't own very much of the team. Under 20% I believe. Quote Link to comment Share on other sites More sharing options...
soxfan18 Posted March 4 Share Posted March 4 On 3/4/2025 at 2:32 PM, Fielder Jones said: I dont think the Sox will move any time soon, especially if Ishbia is the next owner. That said, never rule out a move completely. If they were starting an MLB tomorrow, there's no way Chicago would have two teams. It's just not where we're at Expand It wouldn't have the 1 team shoehorned near the lake, 20 minutes from the Kennedy either. 1 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4 Share Posted March 4 On 3/4/2025 at 3:46 PM, Kyyle23 said: It’s Boob, though. Just sayin Expand Typically the out of town guys do much better reporting big Sox info than the locals, as they aren't scared about losing access. Quote Link to comment Share on other sites More sharing options...
bmags Posted March 4 Share Posted March 4 On 3/4/2025 at 3:28 PM, Y2Jimmy0 said: Bob Nightengale was on 670 this morning and speculated that Justin Ishbia has close to 40% of the team now. Expand Did he confirm Melody Hobson's 30% from caulfield 5 Quote Link to comment Share on other sites More sharing options...
soxfan18 Posted March 4 Share Posted March 4 On 3/4/2025 at 4:00 PM, southsider2k5 said: Typically the out of town guys do much better reporting big Sox info than the locals, as they aren't scared about losing access. Expand Bob has been Reinsdorf's mouthpiece for ages. If he said it, I tend to believe Jerry wanted it out there. Quote Link to comment Share on other sites More sharing options...
tray Posted March 4 Share Posted March 4 On 3/4/2025 at 3:04 PM, southsider2k5 said: Which makes total sense with his flagstar business and a new $80 million house being built somewhere else... oh wait. Expand I think Justin bid on the Twins while he was building Mara-lago-Chicago. I'd bet he loves Winnetka's North shore more than the South side of Chicago. But who knows what anyone's long term intentions are? Nevertheless, the old axiom that money talks may apply, especially to a billionaire corporate raider. I agree with Reinsdorf on one (and only one) thing - The White Sox are worth more out of town than they will ever be worth here. No amount of money can change the dynamic here with the Cubs as the dominant baseball franchise in town. Ishbia knows that which is one reason that he may seek greener pastures. Quote Link to comment Share on other sites More sharing options...
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