Find out about the owners of the Chicago White Sox, their net worth and ownership history of the franchise.
The Chicago White Sox franchise is a household name in Major League Baseball. The Sox are part of the American League Central Division and were established in 1901.
Historically, the Chicago White Sox are one with some of the best records, having won three World Series titles and divisional titles.
Chicago White Sox ownership & new group explained
The Chicago White Sox MLB franchise is currently 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%), the 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. He is known for his ownership of sports franchises from the NBA's Chicago Bulls to the 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.
Chicago Bulls
Jerry Reinsdorf purchased the Chicago Bulls as part of a syndicate for $16 million in 1985. He purchased the team from the previous ownership group that included top sports executives like Lamar Hunt, George Steinbrenner, Walter Shorenstein, Jonathan Kovler, Lester Crown, Philip Klutznick, and Arthur Wirtz.
Reinsdorf's has around a 63% share of the Chicago Bulls. As owner, the Chicago Bulls won six NBA championships in the 1990s (1991–1993 and 1996–1998).
Chicago White Sox
Jerry Reinsdorf purchased the Chicago White Sox for $19 million in 1981, a transaction that was brokered by American National Bank, who arranged for a limited partnership.
Real Estate
Jerry Reinsdorf made his fortune from the real estate industry.
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
Justin is an American businessman and private equity investor. He was a founding partner of Shore Capital Partners and owns shares in the
Phoenix Suns, Phoenix Mercury (Women's National Basketball Association) alongside his brother Mat Ishbia, as well as a minority stake in the MLS side Nashville SC.
Mat Ishbia
Mat Ishbia is an American businessman and key member of United Wholesale Mortgage. He is the majority owner of the Phoenix Suns (National Basketball Association) and Phoenix Mercury (National Women's Basketball Association) alongside his brother Justin.
Which year were the Chicago White Sox founded?
The Chicago White Sox are one of the American League charter franchises that was established in 1900.
Ballpark Information
The Chicago White Sox play their home games at the Guaranteed Rate Field in Chicago, Illinois, having 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.