Jerry Reinsdorf is reportedly considering selling the Chicago White Sox.
The Athletic reported On Wednesday, Reinsdorf, 88, announced he was in “active discussions” to sell the team to “a group led by former major leaguer Dave Stewart.”
Reinsdorf, who also owns the NBA's Chicago Bulls, bought the White Sox in 1981 for about $20 million.
Only the Steinbrenner family, who have owned the Yankees since 1973, have been longer tenured MLB owners.
Reinsdorf has long said he has no plans to sell the White Sox, despite mounting criticism from fans and poor performance on the field.
Stewart, a 16-year MLB player and 1989 World Series MVP, has recently become part of a group trying to bring a major league team to Nashville, Tennessee, and his involvement could affect the team's future. It is not clear what impact this will have. Windy City, outlet by outlet.
The news comes after the White Sox had one of the worst seasons in modern MLB history.
Chicago lost 121 games in 2024, breaking the Mets' single-season losing record set in 1962.
“It goes without saying that everyone in this organization is extremely dissatisfied with the results of this season,” Reinsdorf said in a statement in September. “This has been a very painful year for everyone, especially our fans. We didn't get here overnight and the solutions won't come overnight.”
The White Sox fired longtime executive vice president Ken Williams and general manager Rick Hahn during the 2023 season, hired new general manager Chris Getz, and hired Grady Sizemore in August. Pedro Grifol was fired as coach.
Neither move was enough to avoid going down in history.
“Going back to the last year, we have made difficult decisions and changes to begin building the foundation for future success,” Reinsdorf said. “What has impressed me is how our players and staff have continued to work despite a historically difficult season and brought a professional attitude to the ballpark every day. I am pleased with this result. No one has, but I applaud their continued efforts.”
Earlier this year, it was reported that the White Sox were considering the possibility of building a new stadium in Chicago's South Loop to replace Guaranteed Rate Field, where they have played since 1991.
The White Sox' attendance this season was just 17,046 per game, the fourth lowest in the majors.
