You see Jerry sulking alone in owner's suite ?
by sirket (2024-04-15 10:25:06)

In reply to: White Sox Fans - Who's With Me?  posted by Bill Melton

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I am not sure how he gets out of this. The franchise has hit rock bottom. He just shuffled the front office last year and replaced the coach two years ago. His new stadium proposal was dead-on-arrival.

It is well known that his estate is going to sell the team when he dies since his kids have no interest in the team. But with the current state of capital markets, selling before then would be fairly challenging.

On the buyer side, the cost of capital is prohibitive especially if you need/ want to factor in a new stadium. For Reinsdorf's current investors, even if they wanted to sell, they would obviously need to reinvest in this market. Do you know who makes up the minority shareholders?

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