The White Sox announced Thursday that chairman and majority owner Jerry Reinsdorf and minority owner Justin Ishbia “have reached a long-term investment agreement that establishes a framework for Ishbia to obtain a future controlling interest in the White Sox.” Under the terms of the agreement, Ishbia will make “capital infusions” into the White Sox in 2025-26 that will pay down existing debt and “support ongoing team operations.”

There will be no immediate transfer of control — and none until at least 2029. The agreement gives Reinsdorf the option of selling his controlling interest to Ishbia at any point from 2029-33. After the 2034 season, Ishbia will have he option to acquire the controlling interest from Reinsdorf

The future holds the possibility to be great or terrible, and since it has not yet occurred it remains simultaneously both.

Hate to tell ya this "Amigo", but that is sort of the essence of how life works.

If you keep giving me money, eventually I might let you buy the team. Classic Reinsdorf. Of course, he's a 90-year-old smoker, so I don't think it'll be Weird Jerry himself signing the Sox over in 2034.

I have MANY years of experience in trying to appreciate steaming piles of dogshit.

100yr old Jerry will find a way out of this. Book it.

Another checkbox checked for the sleeping giants. Now get the stadium.

“There is no assurance that any such future transaction will occur, and in no event will such a transaction take place before 2029,” the release said.

I have MANY years of experience in trying to appreciate steaming piles of dogshit.

Another checkbox checked for the sleeping giants. Now get the stadium.

Caleb Williams isn't really a "true" rookie because he turned 23 late into his 1st season in the NFL!"

He will drink the blood of Cuban prospects to stay young.

The victims are the American People and the Republic itself.

100yr old Jerry will find a way out of this. Book it.

No. I think it just goes directly in the ass.

With the death of the RSN's, I would think there would be at least some concern that we've reached peak franchise value, but guys like Rubenstein and the brothers Ishbia know more than I do.

The future holds the possibility to be great or terrible, and since it has not yet occurred it remains simultaneously both.

Hate to tell ya this "Amigo", but that is sort of the essence of how life works.

this Ishiba guy is a japanese dude?

The future holds the possibility to be great or terrible, and since it has not yet occurred it remains simultaneously both.

Hate to tell ya this "Amigo", but that is sort of the essence of how life works.

Brother to a one-t ‘Mat’ with a family fortune made in lending…confirmed not Japanese.

Also, don’t sleep on this guy’s Nashville ties.

I think that World Series win was the best time of his life and he's holding on hoping for one more.

Yes it is.

Also, don’t sleep on this guy’s Nashville ties.

The future holds the possibility to be great or terrible, and since it has not yet occurred it remains simultaneously both.

Laughingstock of the NBA owning the White Sox.

I am not a legal expert, how many times do I have to say it?