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Ishbia increasing minority stake in Sox


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  On 3/7/2025 at 12:10 AM, caulfield12 said:

Getz has to be feeling the pressure.

In all likelihood, he gets these next two years and then is demoted (not unlike Grady) or out of the organization entirely.

It all depends on whether the team looks competitive or not heading into the second half of 2027.

Same goes for Venable, although I'm pretty sure he will get a bit more leeway as long as he holds the clubhouse together and does a solid job mentoring the young players (especially on the positional side of things).

 

There's just not much to get excited about other than the usual suspects (we have no idea how Montgomery's back will hold up) and the two big-time catching prospects in Teel and Quero.  Teel looks like he will be a key contributor...with Quero, feel he'll end up more like another version of already-rostered Omar Narvaez, which is a solid contributor to a big league roster at least.

Have almost zero expectations for anyone else (outside the Big 3 pitchers and Braden) at this point...Meidroth, Vargas, Sosa, Ramos, etc.  It's better to just be pleasantly surprised than disappointed, right?  Maybe maybe maybe Baldwin can become Chris Taylor Lite in an ideal world.

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No shot. Getz is very safe. Jerry Reinsdorf doesn’t fire people 

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  On 3/6/2025 at 11:28 PM, tray said:

Yeah who cares who will own and lead this franchise this season. I'm sure the GM and Manager don't wonder or care who they might be working for or whether they will be soon be terminated, and of course, most fans could care less, which is why dozens of posts speculating about this have accumulated here.  Try another line of personal attack that isn't so transparent and maybe adds something to the content here.  LMAO.

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Are you under the incorrect assumption that this isn't exactly how it happens in everyday life? Companies are sold/bought out/usurped all of the time, without even the C level folks having full insight at times.

Any company dumb enough to inform its employees that they are trying to sell to someone else, deserves the failure they are about to encounter.

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  On 3/7/2025 at 12:09 AM, Chicago White Sox said:

Personal attacks?  You continue to say wild stuff on a message board and then expect a free pass.  Billion dollar transactions don’t happen in the open and to suggest otherwise is either blatant trolling or a level of ignorance that’s beyond comprehension.  Ishbia & Jerry don’t owe us s%*# and they aren’t going to risk their massive deal falling through to keep you up-to-speed.

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But Tray wants to know…

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  On 3/7/2025 at 1:40 AM, Capn12 said:

Are you under the incorrect assumption that this isn't exactly how it happens in everyday life? Companies are sold/bought out/usurped all of the time, without even the C level folks having full insight at times.

Any company dumb enough to inform its employees that they are trying to sell to someone else, deserves the failure they are about to encounter.

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This is a contemporary thing, and it’s wrong, and the c-level executives definitely know because they’re getting a payout. 

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  On 3/7/2025 at 1:40 AM, Capn12 said:

Are you under the incorrect assumption that this isn't exactly how it happens in everyday life? Companies are sold/bought out/usurped all of the time, without even the C level folks having full insight at times.

Any company dumb enough to inform its employees that they are trying to sell to someone else, deserves the failure they are about to encounter.

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They would also have their brains sued out for negligence by their shareholders. 

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https://southsideshowdown.com/white-sox-ownership-transition-window-narrows-after-limited-partners-sell-their-stake-billionaire-justin-ishbia

No real news, other than reporting of what was already reported and then seconded by Greenberg.

That 40% number (current number THEORETICALLY owned by Ishbia now) of shares wasn't expanded upon in any way.

 

https://www.sportsmockery.com/chicago-white-sox/justin-ishbia-expands-white-sox-stake-as-reinsdorfs-future-becomes-uncertain/

 

 

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  On 3/7/2025 at 12:10 AM, caulfield12 said:

Getz has to be feeling the pressure.

In all likelihood, he gets these next two years and then is demoted (not unlike Grady) or out of the organization entirely.

It all depends on whether the team looks competitive or not heading into the second half of 2027.

Same goes for Venable, although I'm pretty sure he will get a bit more leeway as long as he holds the clubhouse together and does a solid job mentoring the young players (especially on the positional side of things).

 

There's just not much to get excited about other than the usual suspects (we have no idea how Montgomery's back will hold up) and the two big-time catching prospects in Teel and Quero.  Teel looks like he will be a key contributor...with Quero, feel he'll end up more like another version of already-rostered Omar Narvaez, which is a solid contributor to a big league roster at least.

Have almost zero expectations for anyone else (outside the Big 3 pitchers and Braden) at this point...Meidroth, Vargas, Sosa, Ramos, etc.  It's better to just be pleasantly surprised than disappointed, right?  Maybe maybe maybe Baldwin can become Chris Taylor Lite in an ideal world.

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No he doesn't need to feel pressure. They are in full rebuilding mode while he brings the entire organization into the 21st century instead of the 19th. 

He took over an awful organization. The owner won't spend on big free agents so they need to build the organization. That was the problem with the last group. The had top end prospects who produced for a couple of years but there was no depth behind them when it fell apart.

And you are way off in your prospect evaluations.

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  On 3/7/2025 at 2:45 AM, caulfield12 said:

https://southsideshowdown.com/white-sox-ownership-transition-window-narrows-after-limited-partners-sell-their-stake-billionaire-justin-ishbia

No real news, other than reporting of what was already reported and then seconded by Greenberg.

That 40% number (current number THEORETICALLY owned by Ishbia now) of shares wasn't expanded upon in any way.

 

https://www.sportsmockery.com/chicago-white-sox/justin-ishbia-expands-white-sox-stake-as-reinsdorfs-future-becomes-uncertain/

 

 

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Where are you coming up a theoretical 40% number?

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  On 3/7/2025 at 2:47 AM, ptatc said:

No he doesn't need to feel pressure. They are in full rebuilding mode while he brings the entire organization into the 21st century instead of the 19th. 

He took over an awful organization. The owner won't spend on big free agents so they need to build the organization. That was the problem with the last group. The had top end prospects who produced for a couple of years but there was no depth behind them when it fell apart.

And you are way off in your prospect evaluations.

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Again, I think he’s referring to Ishbia taking and potentially putting his own guy in place to run things.

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  On 3/7/2025 at 2:47 AM, ptatc said:

No he doesn't need to feel pressure. They are in full rebuilding mode while he brings the entire organization into the 21st century instead of the 19th. 

He took over an awful organization. The owner won't spend on big free agents so they need to build the organization. That was the problem with the last group. The had top end prospects who produced for a couple of years but there was no depth behind them when it fell apart.

And you are way off in your prospect evaluations.

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Being skeptical of Sox prospects is human nature if you're 55 years old, lol.

Who am I way off on, exactly?

You really are a big believer in the current infield group (Colson, Vargas, Sosa, Baldwin, Ramos, Elko)???  Colas/Fletcher/DeLoach/Julks?

I mean, pretty much everyone's high on Smith, Schultz, Braden, Teel and Quero...the most controversial is probably where you rank Grant Taylor's value/future contributions (starter/reliever).

Where am I wrong?

 

My only comment is that the presence of Ishbia in the organization is a ticking time bomb for how long Getz has to successfully make his mark.

In all likelihood, he gets the better part of the next two years (barring another 121+ loss season AGAIN) to start getting this ship headed in the right direction in terms of TANGIBLE MLB results...not just prospect rankings/hype.

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  On 3/7/2025 at 2:54 AM, caulfield12 said:

Being skeptical of Sox prospects is human nature if you're 55 years old, lol.

Who am I way off on, exactly?

You really are a big believer in the current infield group (Colson, Vargas, Sosa, Baldwin, Ramos, Elko)???  Colas/Fletcher/DeLoach/Julks?

I mean, pretty much everyone's high on Smith, Schultz, Braden, Teel and Quero...the most controversial is probably where you rank Grant Taylor's value/future contributions (starter/reliever).

Where am I wrong?

 

My only comment is that the presence of Ishbia in the organization is a ticking time bomb for how long Getz has to successfully make his mark.

In all likelihood, he gets the better part of the next two years (barring another 121+ loss season AGAIN) to start getting this ship headed in the right direction in terms of TANGIBLE MLB results...not just prospect rankings/hype.

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Heck, I'm older than you. 

You are off on many off the pitching propects. Many more than just the big 3.

Of course he will need to produce at the MLB level. Buy he has at least a couple more years. This organization was awful. Expecting him to turn it around within 1-2 years is asinine.

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  On 3/7/2025 at 2:55 AM, caulfield12 said:

It was reported somewhere in the last 24-48 hours that the Ishbia share had risen into that range or vicinity...would have to dig back through all the tweets and "info" flying around online.

 

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Reported where?  That would be massive news and all over Soxtalk, Twitter, Reddit, etc.

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  On 3/7/2025 at 3:01 AM, ptatc said:

Heck, I'm older than you. 

You are off on many off the pitching propects. Many more than just the big 3.

Of course he will need to produce at the MLB level. Buy he has at least a couple more years. This organization was awful. Expecting him to turn it around within 1-2 years is asinine.

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There aren't currently any legit major league pitching prospects in the projected AA/AAA rotations that don't profile as back-end/fringe/swing-man types at current time.

Iriarte might have the most "prospect buzz" and even that's fallen off pretty dramatically, along with Nastrini.

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  On 3/7/2025 at 3:05 AM, caulfield12 said:

There aren't currently any legit major league pitching prospects in the projected AA/AAA rotations that don't profile as back-end/fringe/swing-man types at current time.

Iriarte might have the most "prospect buzz" and even that's fallen off pretty dramatically, along with Nastrini.

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So you're saying they all have to be #1 starters to be considered successful?

 

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  On 3/7/2025 at 12:10 AM, caulfield12 said:

Getz has to be feeling the pressure.

In all likelihood, he gets these next two years and then is demoted (not unlike Grady) or out of the organization entirely.

It all depends on whether the team looks competitive or not heading into the second half of 2027.

Same goes for Venable, although I'm pretty sure he will get a bit more leeway as long as he holds the clubhouse together and does a solid job mentoring the young players (especially on the positional side of things).

 

There's just not much to get excited about other than the usual suspects (we have no idea how Montgomery's back will hold up) and the two big-time catching prospects in Teel and Quero.  Teel looks like he will be a key contributor...with Quero, feel he'll end up more like another version of already-rostered Omar Narvaez, which is a solid contributor to a big league roster at least.

Have almost zero expectations for anyone else (outside the Big 3 pitchers and Braden) at this point...Meidroth, Vargas, Sosa, Ramos, etc.  It's better to just be pleasantly surprised than disappointed, right?  Maybe maybe maybe Baldwin can become Chris Taylor Lite in an ideal world.

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As long as JR still has control, Getz will get a long leash just like Kenny/Hahn did.

Now when new ownership comes in he'll be out the door because they will want to hire their own people as most businesses do.

From all indications they aren't going to have much of a 2027 season so the second half mention probably isn't going to be relevant. 

 

 

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  On 3/7/2025 at 3:45 AM, Lip Man 1 said:

As long as JR still has control, Getz will get a long leash just like Kenny/Hahn did.

Now when new ownership comes in he'll be out the door because they will want to hire their own people as most businesses do.

From all indications they aren't going to have much of a 2027 season so the second half mention probably isn't going to be relevant. 

 

 

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Oops...meant 2026, not 27.

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  On 3/7/2025 at 3:09 AM, ptatc said:

So you're saying they all have to be #1 starters to be considered successful?

 

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That's how you assess pitching, is it not?  TOR/ACE, 2/3 and 4/5 types.

Obviously you need a mixture of both, but since Wheeler and prior to that Tanaka, we haven't tried to BUY an ace in free agency.   Usually our aces are leaving the Sox organization, rather than coming in from another organization.

 

Cannon at his best is going to be a 4/5 guy.

I'm not sure who you believe has more potential in the minor leagues to be better than Martin and/or Burke in the big league rotation, other than the Big 3 names we always refer to.

Thorpe is a huge wild card, but I'm closer to the Balta position on him than the front-line starter due to his exceptional change and "good enough" fastball case.

Obviously there's no longer Ky Bush (this season at least), Eder has a reliever profile and has already been sent down, Berroa might be hurt, Mason Adams, Carela, Nastrini, Batista...I would take Smith's arm (Rule 5 pick from the Brewers) and still-existing potential over all those guys in AA/AAA.

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  On 3/7/2025 at 10:31 AM, JoeC said:

Thanks. Brain fart

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$80 million isn't a big deal at all to the Ishbias...they would pay that premium today for Jerry to surrender control.

In fact, Jerry has probably lost roughly the equivalent amount already with the team's valuation falling from the $2.1-2.2 billion range since peak from 2005-2012 and then in 2019-2022 again.

The hit to local broadcasting revenue was another $75-100 million per year if you count advertising revenue and ownership of their own network with the Bulls/Blackhawks

Having to now trade Luis Robert Jr. now is yet another symptom of the financial malaise...

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  On 3/7/2025 at 11:09 AM, caulfield12 said:

$80 million isn't a big deal at all to the Ishbias...they would pay that premium today for Jerry to surrender control.

In fact, Jerry has probably lost roughly the equivalent amount already with the team's valuation falling from the $2.1-2.2 billion range since peak from 2005-2012 and then in 2019-2022 again.

The hit to local broadcasting revenue was another $75-100 million per year if you count advertising revenue and ownership of their own network with the Bulls/Blackhawks

Having to now trade Luis Robert Jr. now is yet another symptom of the financial malaise...

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Don't know how many times this needs to be said but the evaluation is for non-controlling shares at 1.8 billion. The value for Jerry's controlling shares certainly exceeds that. The franchise valuation likely has not decreased at all and has probably increased off that 2 billion evaluation. 

Edited by Buehrle>Wood
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  On 3/7/2025 at 12:14 PM, Buehrle>Wood said:

Don't know how many times this needs to be said but the evaluation is for non-controlling shares at 1.8 billion. The value for Jerry's controlling shares certainly exceeds that. The franchise valuation likely has not decreased at all and has probably increased off that 2 billion evaluation. 

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They're worth whatever Ishbia is willing to pay for them?  it's not the shares themselves...it's a separate issue of control person.  That's not related to a certain block of shares per se.

Even then we're still talking $100 millionish in cap gains...that's a rounding error for the Suns/Ishbias.

It's all about Jerry's ego/legacy at this point.

But basically the same reason the Pohlads want out in Minnesota.  No longer as much fun for them...having had the family (multiple generations) involved for 40-50 years now.

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