Find out about the owners of the Chicago White Sox, their net worth and the ownership history of the franchise.
The Chicago White Sox is a household name in the MLB franchise based in Chicago, Illinois.
The White Sox are part of the American League Central Division and were established in 1901.
Historically, the White Sox are one of the teams with a rich history, having won three World Series championships and divisional titles.
Who owns the Chicago White Sox?
The Chicago White Sox are owned by a group of investors led by Jerry Reinsdorf with a 20% stake in the franchise. The remaining shares are held by Justin & Mat Ishbia (35%), Michael & Jonathan Reinsdorf Fund (30%) and eight other limited partners (15%).
The Chicago White Sox ownership structure in a nutshell
Jerry Reinsdorf (20%)
Jerry Michael Reinsdorf is an American businessman and sports executive known for the ownership of sports franchises such as the NBA's Chicago Bulls and MLB's Chicago White Sox.
Jerry Reinsdorf is also a real estate mogul and made a fortune through the Balcor Company. According to figures from Wikipedia, his net worth is estimated to be US$2.2 billion.
The Ishbia brothers (Justin and Mat
The Ishbia brothers are private equity investors. They have a combined share of 35% in the Chicago White Sox.
Justin Ishbia: He is a businessman and private equity investor and founding partner of Shore Capital Partners. He owns shares in the NBA franchise Phoenix Suns and Phoenix Mercury of the WNBA, along with his brother Mat Ishbia, as well as a minority owner of Major League Soccer team Nashville SC.
Mat Ishbia: He is a businessman and key member of the United Wholesale Mortgage. He is the majority owner of the NBA franchise, the Phoenix Suns, and the Phoenix Mercury of the WNBA alongside Justin.
Club Net Worth and Valuation
The Chicago White Sox has a valuation of $2 billion.
Ownership History
The Chicago White Sox MLB franchise has gone through a series of owners throughout its history.
Charles Comiskey was the founder and first owner of the Chicago White Sox in 1900. The ownership later changed to Bill Veeck and Arthur & John Allyn before it was acquired by the Jerry Reinsdorf team in 1981.
Founding Year
The Chicago White Sox is one of the American League charter franchises established in 1900.
Home Stadium
The White Sox play their home games at the Guaranteed Rate Field located in Chicago, Illinois. It has a seating capacity of 40,615.
Club Achievements and Trophies
The White Sox have won three World Series championships historically, as well as seven American League (AL) pennants and multiple division titles.