Bob Sacamano Posted February 27 Share Posted February 27 On 2/26/2025 at 9:43 PM, Look at Ray Ray Run said: If you're worse than the worst record of all time, you're still the worst of all time. It's impossible to be worse than the worst of all time. Don't think you're understanding by statement fully. Expand Touché Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 27 Share Posted February 27 https://www.nytimes.com/athletic/6156885/2025/02/25/justin-ishbia-white-sox-cubs/ Quote Link to comment Share on other sites More sharing options...
CaliSoxFanViaSWside Posted February 27 Share Posted February 27 On 2/26/2025 at 5:58 PM, JoeC said: If JR kept his shares and handed over the day-to-day control of the team to Ishbia, that would garner a s%*# ton of respect from me pretty instantly. Expand That's best case scenario. The valuation is the shares is down from the high of around $2.1B . JRs made it attractive to purchase at a discount price while keeping the door open for much higher valuation IF money is put into the franchise and build a new stadium. If his goal is to make his and his sons shares worth more that would seem to be the way to do it. Ishbia somehow getting control seems to be the only way to make the team worth more in the near future. JR can't make that happen because spending is counterproductive to his son's inheritance . Quote Link to comment Share on other sites More sharing options...
Buehrle>Wood Posted February 27 Share Posted February 27 On 2/27/2025 at 4:21 AM, CaliSoxFanViaSWside said: That's best case scenario. The valuation is the shares is down from the high of around $2.1B . JRs made it attractive to purchase at a discount price while keeping the door open for much higher valuation IF money is put into the franchise and build a new stadium. If his goal is to make his and his sons shares worth more that would seem to be the way to do it. Ishbia somehow getting control seems to be the only way to make the team worth more in the near future. JR can't make that happen because spending is counterproductive to his son's inheritance . Expand The valuation is not down. It's probably up from 2.1 billion. Non controlling shares do not hold the same value. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 27 Share Posted February 27 (edited) On 2/27/2025 at 4:31 AM, Buehrle>Wood said: The valuation is not down. It's probably up from 2.1 billion. Non controlling shares do not hold the same value. Expand Overall evaluation of the entire franchise was at one point $2.09 or $2.19 billion. $2 billion this was the beginning of 2024 According to Forbes’ MLB franchise valuations, published last year, the White Sox are worth just over $2 billion, placing them just inside the top-half of MLB franchises. The crosstown Cubs are worth $4.22 billion, making them the fourth-most valuable franchise in Major League Baseball. Edited February 27 by caulfield12 Quote Link to comment Share on other sites More sharing options...
CaliSoxFanViaSWside Posted February 27 Share Posted February 27 On 2/27/2025 at 4:31 AM, Buehrle>Wood said: The valuation is not down. It's probably up from 2.1 billion. Non controlling shares do not hold the same value. Expand Probably ? So no real proof of that. Ishbia could very well be the biggest shareholder of the Sox by Friday and whatever shares he's buying he's getting at $1.8B valuation so he's in a great position to buy out the Reinsdorfs at either a predetermined date or higher price or both for the sons shares. Then Jerry's upon his death. The biggest drawback is him living longer than expected. JR does seem set on avoiding the extra taxes his son's would incur but I wouldn't count him out on finding a workaround. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 27 Share Posted February 27 On 2/27/2025 at 4:59 AM, CaliSoxFanViaSWside said: Probably ? So no real proof of that. Ishbia could very well be the biggest shareholder of the Sox by Friday and whatever shares he's buying he's getting at $1.8B valuation so he's in a great position to buy out the Reinsdorfs at either a predetermined date or higher price or both for the sons shares. Then Jerry's upon his death. The biggest drawback is him living longer than expected. JR does seem set on avoiding the extra taxes his son's would incur but I wouldn't count him out on finding a workaround. Expand Even if he's now the owner of even 20-25% of shares...along with his sons...that's the most, $500 additional billion that the Ishbia's would have to come up with. THEORETICALLY. Capital gains would be $75-100 million, once again, based on what little we do know here. Quote Link to comment Share on other sites More sharing options...
CaliSoxFanViaSWside Posted February 27 Share Posted February 27 On 2/26/2025 at 8:10 PM, ptatc said: I'll bet on it too. But it doesn't mean it absolutely can't happen. Expand A bet means that there is a possibility of losing so they are conceding it can get worse just by betting that it won't get worse . 😜 Quote Link to comment Share on other sites More sharing options...
CaliSoxFanViaSWside Posted February 27 Share Posted February 27 On 2/27/2025 at 5:06 AM, caulfield12 said: Even if he's now the owner of even 20-25% of shares...along with his sons...that's the most, $500 additional billion that the Ishbia's would have to come up with. THEORETICALLY. Capital gains would be $75-100 million, once again, based on what little we do know here. Expand It's like anything you sell. You can estimate it's value but you never know until it's bought. It's worth whatever someone pays for it. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 27 Share Posted February 27 The odds-makers were at 54.5 predicted wins before Spring Training...but if they were to put an updated line at Vegas, it might be down to 51-52 and just wait until Luis Robert, Jr., is traded. 49-50 at that point. Any record in the 40's with losses in the 110's would feel in many ways "worse" than the 2024 record. Because they need do show REAL, demonstrable progress, and at the very least, Vargas/Sosa/Teel/Quero/C.Montgomery will all start seeing major league action this year, even if they hold Smith and Schultz back for May 2026. Quote Link to comment Share on other sites More sharing options...
JoeC Posted February 27 Share Posted February 27 On 2/26/2025 at 6:02 PM, Look at Ray Ray Run said: Why? He would just be holding them for tax purposes. Expand Because it would basically be an admission of failure / "someone else's way is better." Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 27 Share Posted February 27 (edited) https://sports.yahoo.com/nfl/article/with-dan-snyder-gone-and-the-commanders-thriving-jets-woody-johnson-is-the-nfls-ownership-wart-022807379.html Reinsdorf at least isn't to Woody Johnson/Daniel Snyder levels of bad territory...quite yet. But that's not saying much. One does have to wonder if there have been private complaints to Manfred about the team's lack of competitiveness...lack of a new stadium plan and lack of a discernible media/broadcast strategy. It's not NY...but it is the third largest media market in the US still. Edited February 27 by caulfield12 Quote Link to comment Share on other sites More sharing options...
Kyyle23 Posted February 27 Share Posted February 27 I think the concept of “it could get worse” being discussed here is talking about two different things 1. The record. yes, the White Sox could lose more games. Yes, this is technically worse. They lose 122 or more and this is definitely a worse record. No doubt 2. How we all feel about the last 3 years and our current feelings going forward into this season. It is really hard for me to feel worse about the above. Right now the Sox are locked into being bad for the foreseeable future and it’s a long trip out of this hole. it is splitting hairs, though. This has been a brutal stretch, and seeing the faintest light at the end of the tunnel(Should Ishbia make the move) shouldn’t engender a warning to everyone that it could get worse. 1 Quote Link to comment Share on other sites More sharing options...
Tony Posted February 27 Share Posted February 27 On 2/27/2025 at 10:47 AM, Kyyle23 said: I think the concept of “it could get worse” being discussed here is talking about two different things 1. The record. yes, the White Sox could lose more games. Yes, this is technically worse. They lose 122 or more and this is definitely a worse record. No doubt 2. How we all feel about the last 3 years and our current feelings going forward into this season. It is really hard for me to feel worse about the above. Right now the Sox are locked into being bad for the foreseeable future and it’s a long trip out of this hole. it is splitting hairs, though. This has been a brutal stretch, and seeing the faintest light at the end of the tunnel(Should Ishbia make the move) shouldn’t engender a warning to everyone that it could get worse. Expand I just read the last few pages, and while that was clearly a mistake in hindsight, here we are. This is the correct take. It’s not about last season, it’s about being a White Sox fan holistically right now. From the end of 2022 to now, my interest level in the team has been at all-time lows, and by a huge margin. I’ve come to the realization the thing I’m mad at the most is the idea that incompetence by others has robbed me of a lot of personal enjoyment in my life. I like caring about my favorite baseball team. I like being able to throw on a game on a random weeknight and having something entertaining to watch. I like day dreaming about “what could be” and penciling in projected lineups two years down the road, or the adrenaline hit you get when your team makes that big trade or signing. We’ve been robbed off all of that for the last three years basically, and it’s not like the Sox had this long run of success before that. The way I look at it, from an ownership perspective, it can’t get worse. It could stay the same, and that would suck, but the bar is so incredibly low, I just can’t fathom how it could truly be “worse” than this 5 1 Quote Link to comment Share on other sites More sharing options...
Kyyle23 Posted February 27 Share Posted February 27 On 2/27/2025 at 2:52 PM, Tony said: I just read the last few pages, and while that was clearly a mistake in hindsight, here we are. Expand 😂 1 Quote Link to comment Share on other sites More sharing options...
ptatc Posted February 27 Share Posted February 27 On 2/27/2025 at 2:52 PM, Tony said: I just read the last few pages, and while that was clearly a mistake in hindsight, here we are. This is the correct take. It’s not about last season, it’s about being a White Sox fan holistically right now. From the end of 2022 to now, my interest level in the team has been at all-time lows, and by a huge margin. I’ve come to the realization the thing I’m mad at the most is the idea that incompetence by others has robbed me of a lot of personal enjoyment in my life. I like caring about my favorite baseball team. I like being able to throw on a game on a random weeknight and having something entertaining to watch. I like day dreaming about “what could be” and penciling in projected lineups two years down the road, or the adrenaline hit you get when your team makes that big trade or signing. We’ve been robbed off all of that for the last three years basically, and it’s not like the Sox had this long run of success before that. The way I look at it, from an ownership perspective, it can’t get worse. It could stay the same, and that would suck, but the bar is so incredibly low, I just can’t fathom how it could truly be “worse” than this Expand C'mon where's the fun without a semantics debate. Its like a discussion with my students on correct test answers. 😁 1 Quote Link to comment Share on other sites More sharing options...
Harold's Leg Lift Posted February 27 Share Posted February 27 On 2/26/2025 at 4:48 PM, GreatScott82 said: Is there any chance Fridays meeting is more than just the sale of these minority shares? Would they announce any potential succession plan to the media? Or will all of that be hidden until Jerry passes? Once again, I find it odd that Ishbia would walk out of the negotiations of the Twins deal unless something was more iminent with this White Sox ownership situation..... Expand I think it will just be the announcement about the sale of the minority shares to Ishbia though I would love it if they shared some stadium news. 1 Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 28 Share Posted February 28 Jon Greenberg Joins Josh and Chris to Talk about Justin Ishbia's Interest in the White Sox 1 Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 28 Share Posted February 28 (edited) And while Ishbia would probably financially back contract extensions and free agent signings for the right players, now isn’t the time to suddenly start spending. Injecting millions of dollars into the Sox roster as it enters its rebuild period would be misusing money. Even moving to a new ballpark at the end of Rate Field’s lease in 2029 is putting the cart before the horse. The Sox need to focus on the mechanics and fundamentals of baseball before they can envision all the bells and whistles. While Ishbia seems like the perfect fit for the Sox, Chicago can’t get ahead of themselves. Ishbia has the tools needed to get the Sox in the limelight in a positive way, but the Sox need to work on themselves first. https://southsideshowdown.com/prospective-new-chicago-white-sox-owner-emergence-fits-organization-rebuild-timeline Edited February 28 by caulfield12 Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 28 Share Posted February 28 (edited) A Cook County judge has dismissed a lawsuit filed by a Winnetka resident alleging that a proposed land swap between the Winnetka Park District and billionaire Justin Ishbia violates the state's park district code and its public trust doctrine. https://www.chicagotribune.com/2023/10/09/judge-dismisses-lawsuit-filed-by-winnetka-resident-over-proposed-land-swap-between-park-district-and-billionaire/ https://twinsdaily.com/news-rumors/minnesota-twins-podcasts/gleeman-the-geek-ishbia-st-peter-and-abs-r17850/ Somewhere between 25 mins and 40…apparently there’s a 90 min Dan Hayes Patreon on the Ishbia withdrawal and why he picked the Sox. 1) distressed asset, more future value Sox a sleeping giant, media market/city size 2) home and business already located here, opportunity to be the big hero and build a new stadium, whereas Minnesota won’t do anything in that area for 10-15 more if not 20 years Edited February 28 by caulfield12 Quote Link to comment Share on other sites More sharing options...
Look at Ray Ray Run Posted February 28 Share Posted February 28 Happy Ishbia day! Hopefully the countdown begins today! 2 2 Quote Link to comment Share on other sites More sharing options...
Chicago White Sox Posted February 28 Share Posted February 28 On 2/28/2025 at 2:44 PM, Look at Ray Ray Run said: Happy Ishbia day! Hopefully the countdown begins today! Expand I just hope we get some leak today on how much ownership he’s assumed…I’m guessing we don’t hear much until the league approves unfortunately. Quote Link to comment Share on other sites More sharing options...
Look at Ray Ray Run Posted February 28 Share Posted February 28 On 2/28/2025 at 2:45 PM, Chicago White Sox said: I just hope we get some leak today on how much ownership he’s assumed…I’m guessing we don’t hear much until the league approves unfortunately. Expand Nothing formal today, but today should be the day the gears starting officially turning. Quote Link to comment Share on other sites More sharing options...
poppysox Posted February 28 Share Posted February 28 On 2/28/2025 at 2:44 PM, Look at Ray Ray Run said: Happy Ishbia day! Hopefully the countdown begins today! Expand Amen Quote Link to comment Share on other sites More sharing options...
poppysox Posted February 28 Share Posted February 28 On 2/28/2025 at 2:44 PM, Look at Ray Ray Run said: Happy Ishbia day! Hopefully the countdown begins today! Expand If all minority owners take the offer...the fix is in. Quote Link to comment Share on other sites More sharing options...
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