At first glance, Justin Ishbia backing out of buying the Minnesota Twins seems like a gut punch for fans hoping for deep pockets and aggressive spending. But what if it’s actually a blessing in disguise?
Justin Ishbia, one of the owners of the NBA's Phoenix Suns, had in recent weeks looked like a favorite to buy the Minnesota Twins from the Pohlad family. Instead, it appears that he might be shifting his priorities to becoming the successor of White Sox owner Jerry Reinsdorf.
The Twins are hustling to regroup after learning this week that a leading contender in their search for a new owner has abandoned his bid.
Chicago White Sox fans were optimistic when a report said billionaire Justin Ishbia was trying to buy more shares of the team. But the Sox said he wouldn’t take control from Jerry Reinsdorf.
The Minnesota Twins hoped Justin Ishbia was going to buy the team only for him to spurn them for the Chicago White Sox.
As the rumors of a Twins sale continue, Justin Ishbia, co-owner of the Phoenix Suns with his brother Mat, will not pursue the team.
Michael Rand with the Minnesota Star Tribune has been following the ownership bidding and joined Morning Edition host Cathy Wurzer with an update.
As the Chicago White Sox continue to press for funding for a new stadium, a local billionaire is reportedly buying more shares in the team.
Ishbia has dropped his pursuit of the Twins, The Athletic has learned, and will instead increase his minority stake in the White Sox.
According to a recent report in The Athletic, Justin Ishbia is going to stop his attempt to buy the Minnesota Twins, who are up for sale from the Pohlad Family.
Chicago-area billionaire Justin Ishbia has dropped his pursuit of the Twins and will “instead buy more shares from other limited partners to increase his existing minority stake” in the White Sox
The Shore Capital Partners chief has abandoned his pursuit of the Minnesota Twins and will instead increase his existing minority stake in the Sox, the Athletic reports today, citing unnamed sources.