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Announced

5 Jun 2025

Justin Ishbia to acquire Chicago White Sox from Jerry Reinsdorf.

Synopsis

Justin Ishbia, an investor specializing in sports franchise ownership and private investments, agreed to acquire Chicago White Sox, a professional baseball team competing in Major League Baseball, from Jerry Reinsdorf, a businessman and principal owner of the Chicago White Sox. Financial terms were not disclosed.

Principals

target

Chicago White Sox

bidder

Justin Ishbia

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Market Context

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Seller Team (1)

jerry reinsdorf

Owner at CHICAGO WHITE SOX

Manager

target

Deal

n/a

Total Value

Bidder Team (8)

peter zern

Partner at Covington & Burling

Lawyer

bidder

Deals

£ 3.29 B

Total Value

andrew nightingale

Of Counsel at Covington & Burling

Lawyer

bidder

Deal

n/a

Total Value

david v. simon

Associate at Covington & Burling

Lawyer

bidder

Deals

£ 5.77 B

Total Value

tyler cochrane

Associate at Covington & Burling

Lawyer

bidder

Deals

£ 2.04 B

Total Value

josh davis

Associate at Covington & Burling

Lawyer

bidder

Deal

n/a

Total Value

kate kraus

Partner at Covington & Burling

Lawyer

bidder

Deal

n/a

Total Value

brian harris

Associate at Covington & Burling

Lawyer

bidder

Deals

£ 4.06 B

Total Value

will woolston

Partner at Covington & Burling

Lawyer

bidder

Deals

£ 8.06 B

Total Value

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