Why Losing Out on Billionaire Justin Ishbia Might Be a Win for the Minnesota Twins

[TwinsDr2021]

9 hours ago, BD57 said:

The Suns are chaotic, and for all the chaos, they've achieved little to nothing.

While increasing $$$$ available for payroll would help, in the end, the money needs to be well spent.   

The Phoenix Suns are not an example of "money well spent."

Remind me again who won the NBA championship in 2021? Not sure that is little to nothing.

The NBA is a bit different than baseball, it is a Star league and the one with the most/best stars win. For the last 13 years or so it has been a Curry/James league with a splash of Durant and Leanard. With those guys getting older, the NBA is just waiting for the next stars to step up. (Seems like Boston and .....

[Whitey333]

I'm not a Pohlad fan either but I've always said since the Falvey years that the Twins spend fine.  But how they allocate the payroll dollars has always been questionable at best.  I think in most cases teams would hold Falvey and Rocco more accountable.   I think the bigger problem is the front office not necessarily the ownership.  Sure you sign players like Correa, Buxton, Lopez to big contracts knowing the budget.  Then they have to dumpster dive for players.  That is the fault of Falvey et al.

[Russ]

Show a real interest to win

[jmlease1]

9 hours ago, nicksaviking said:

And this guy was going to be better than Taylor why exactly? Don't the Wolves have the highest payroll in the NBA? 

The Wolves have a high payroll, but they're not #1. Try Boston.

But Glen Taylor has made a lot of bad decisions as owner of the Wolves, including deciding to sell but not sell and then trying to back out of the sale for...reasons. Ans considering his age and the fact that no one else in his family seems interested in owning professional sports teams, having Glen become the next Twins owner seems a recipe for chaos.

Not sure what kind of owner Justin Ishbia would have been, but it's not entirely fair to assign all of the mistakes his brother has made as majority owner of Phoenix to him? But even if you do (and there have been many), from a business side, there's a lot to like about what the Ishbias have done in Phoenix at least from the fan perspective. But baseball is also just a different type of operation than the NBA. Baseball has minor leagues, the NBA functionally does not. Baseball has no real salary cap; the NBA has a restrictive one. Baseball doesn't have picks being a substantial trade commodity; it's a huge thing in the NBA. So to me, the NBA experience of Mat doesn't prove what the MLB experience would have been for Justin.

But the real interest an enthusiasm for Justin Ishbia is a) he's not a Pohlad, and b) he's the only name we had. And it says a lot about the current ownership that those small crumbs were enough for people to be very disappointed that he's now out.

[Major League Ready]

29 minutes ago, Whitey333 said:

I'm not a Pohlad fan either but I've always said since the Falvey years that the Twins spend fine.  But how they allocate the payroll dollars has always been questionable at best.  I think in most cases teams would hold Falvey and Rocco more accountable.   I think the bigger problem is the front office not necessarily the ownership.  Sure you sign players like Correa, Buxton, Lopez to big contracts knowing the budget.  Then they have to dumpster dive for players.  That is the fault of Falvey et al.

The Twins got 11.2 WAR from Correa, Lopez, and Buxton on a total of roughly $57M in salary.  Of course, Lopez's increase had to hit yet.  Even if you use Lopez's salary for this year, the total for those 3 would be roughly $70M or 1 WAR for every $6.2M which is quite a bit better than league average.

If you saying their level of spending does not allow for signing premium players, OK.  However, that's certainly not consistent with what we see fans here wanting done.  It sure seems to me most people only want premium players signed.  

[Squirrel]

1 hour ago, Whitey333 said:

I'm not a Pohlad fan either but I've always said since the Falvey years that the Twins spend fine.  But how they allocate the payroll dollars has always been questionable at best.  I think in most cases teams would hold Falvey and Rocco more accountable.   I think the bigger problem is the front office not necessarily the ownership.  Sure you sign players like Correa, Buxton, Lopez to big contracts knowing the budget.  Then they have to dumpster dive for players.  That is the fault of Falvey et al.

Hmm, the Pohlads upped their payroll in 2023 and we went farther than we had in decades. Then after a season of success, instead of building on that, they cut payroll to ‘right the ship’ and the team fell short. Sure, you can blame it on players falling short, they are to blame as well with some poor or injured performances, but I do think there was a correlation there. The Pohlads deflated their payroll and the season was deflated before it even began.

That said, I don’t know when we’ll see a deal. I don’t know if this one was the right one or not. Time will tell if we missed out. But the minute we knew of the Ishbias having a minority share of the Sox, it seemed a bit fishy. I’m not so sure we missed out as much as I think we were played. 

[Major League Ready]

I have a hard time handing the 2B job to Lee after a horrendous 2nd half last year where he posted a wRC+ of 64.  This might be a rare instance where spring training could or should determine a starting position.  I would lean toward Castro but his 2nd half was pretty bad as well.  Vazquez was better than both of them.

[Fire Dan Gladden]

14 hours ago, nicksaviking said:

I want new owners, but I never understood why everyone was so excited for this particular billionaire. 

They ALL have deep pockets, including the ones currently running the team. There's a good chance a new owner will do something splashy right away to build immediate goodwill and put his or her mark on the team. However, there's next to no chance that when this person is announced that we will have any idea how they plan on operating this club three or four years from now. Smart money is on that it's going to look pretty much exactly like we have it now.

This particular billionaire has shown a willingness to indiscriminately spend money on his teams, something the Twins have never really had.  That was a main reason for the initial excitement.

Twins fans have been brainwashed for decades that slow and steady is the way to go, that the Twins do not need to spend a ton of money to win. Ishbia could have easily flipped all of that on it's head.

[TFRazor]

13 hours ago, Eris said:

Just for completeness, the Suns have traded their first round draft pick thru 2032.  In some cases they have a swap where they have swapped first round picks for whichever is worse (which could mean retaining their original pick). 

This made me curious so I looked it up. Holy moly. How the league/teams keep track of all this is beyond me. If anybody wants to give themselves a headache, knock yourself out.

https://basketball.realgm.com/nba/draft/future_drafts/team

[nicksaviking]

6 minutes ago, Fire Dan Gladden said:

This particular billionaire has shown a willingness to indiscriminately spend money on his teams, something the Twins have never really had.  That was a main reason for the initial excitement.

Twins fans have been brainwashed for decades that slow and steady is the way to go, that the Twins do not need to spend a ton of money to win. Ishbia could have easily flipped all of that on it's head.

A) The NBA has salary floors, it's a different beast. See Glen Taylor, who I guess nobody wants owning the Twins.

B) What fans are brainwashed? We have like two on this site who regularly defend the Pohalds.

At this point, I have no horse in the race. We won't know the true colors of the new owners until the honeymoon period wears off. 

[jmlease1]

13 hours ago, Rod Carews Birthday said:

It’s pretty unknowable whether he would have been a good owner for the Twins because we don’t know what is going on inside his head.  He’s got plenty of money, as will whoever buys the team.  He’s (or his brother) made some decisions that don’t work so well in the NBA world, but MLB is a different world where you CAN spend your way out of trouble if you screw up.  Whoever buys the team will probably make a little splash to get people on board with the team ownership, but what happens five years down the road is anyone’s guess.  He might have been excellent or he might have been terrible.  It’s hard to know and not worth the time to speculate since we are definitely moving on to someone new, hopefully quickly.  

heh. there's a real possibility that any new owner will do something out the gate that will be splashy, news-worthy, attention-grabbing, and...dumb. New Owner Syndrome is definitely A Thing. (these are almost always monumentally successful people who haven't had anyone tell them no in quite a while, and they frequently think they know more than anyone that came before them; humility isn't exactly a common billionaire trait! And the ones who buy sports teams these days seem to like the attention)

I'm just so ready to be done with the Pohlads as owners. They're far from the best, but hardly the worst...but they are dreary. They're not particularly passionate about the team, only a few of them really seem to like baseball, and they don't seem to care much about winning. They haven't lit the world on fire with their business decisions (and have made some real bungles), and have notable examples of putting the fans second (at best). Their priorities seem to be don't lose money and don't be embarrassing. Winning? much less important.

[LambchoP]

With our supposed pitching pipeline and all of our top hitting prospects getting close to the majors, the team shouldn't require a bunch of huge expensive contracts to be competitive. As long as some of these young guys work out, we'll just have to supplement a few veterans here and there to field a contending team. The key to our success will depend upon our young players, not our payroll.

[Rod Carews Birthday]

8 minutes ago, jmlease1 said:

I'm just so ready to be done with the Pohlads as owners. They're far from the best, but hardly the worst...but they are dreary. They're not particularly passionate about the team, only a few of them really seem to like baseball, and they don't seem to care much about winning. They haven't lit the world on fire with their business decisions (and have made some real bungles), and have notable examples of putting the fans second (at best). Their priorities seem to be don't lose money and don't be embarrassing. Winning? much less important.

I agree with this statement.  It's not that they are nearly as terrible as some would make them out to be, but they really really have worn out their welcome and it's time to move on.  Let's find another buyer.

[chpettit19]

2 things about the Suns comparison. 1. And this is noted in the article, Justin isn't the head guy in Phoenix, his brother is. I don't know how closely they work together, and I'm not sure anyone around here does. Is Justin even meaningfully involved in the decisions there? 2. The NBA and MLB are very different leagues. Every individual player is a key part of both offense and defense in basketball. The most important part of defense in MLB is pitching. They play 0 role in offense (Ohtani being the historic rarity). Offenses have a position that plays no role in defense. While every player needs to be ready on every play in MLB, they aren't all involved in every play like they are in the NBA. Chasing 3 stars like Phoenix did is team building 101 in the NBA. You're not even in the conversation in the NBA if you don't have 2 legit stars/max contract guys. There are no meaningful minor leagues in the NBA. The Suns didn't trade away a great young core. Ayton and Bridges weren't stars. They kept their star and didn't pay non-stars star money while adding 2 other stars. Chris Paul was born the same year as I was. He wasn't young, and isn't a star anymore. Tell me if this sounds familiar...the Suns problem is their stars haven't stayed healthy. Health has been their problem, not their team building strategy.

As for Justin's potential ownership of the Twins, just like any other new owner we won't know if they're better, worse, or the same as the Pohlads for years. Justin had some intrigue because he appears to be a legitimate fan of baseball. That's relatable for us mortals and, I think, a basic general desire we have of any ownership group/person for any of our teams. We want to feel like, at a minimum, the owner cares whether the team wins or loses. I don't think many feel that about the Pohlads. So the idea of a legit baseball fan buying the team was refreshing at the least.

I'm sure there are some people who also hope that new ownership is going to throw budgets out the window and just go wild. I don't think that's the hope for the vast majority of fans, though. I think most of us have the hope that ownership that are actual fans and actually care about winning will invest a little more during the up swings instead of "right-sizing" their business. On the down swings slice and dice away at the payroll and make all the money you can. On the next up swing make more smart investments. I think that's a reasonable request from a fanbase. 

And my biggest hope for new ownership is that they can better take advantage of this market. MN fans will show up. The Vikes and Wild don't have to try as hard as we're more diehard about football and hockey around here, but the Wolves and Twins can get big numbers of fans to show up when they give us a reason. Maybe those fan bases would be more diehard, too, if the ownership did better. The Wolves have been an embarrassment for decades and the Twins just won their first playoff series in 2 decades. Do better at getting the fans to feel connected to the team and show you care about winning. Be better about your messaging (hard not to be better than the current Pohlad and DSP group). Run the team better and adding to the payroll doesn't have to mean you'll lose money because you would be making more revenue.

I'm excited for new ownership, but I'm not blindly expecting things to be significantly different. They'll still budget. We'll still be mid-market. But there's at least a chance the new owners care about winning at all. There's also a chance they don't. We won't know for years after they take over. Grass isn't always greener, but the grass we're standing on now is actually dirt.

[Nashvilletwin]

42 minutes ago, LambchoP said:

With our supposed pitching pipeline and all of our top hitting prospects getting close to the majors, the team shouldn't require a bunch of huge expensive contracts to be competitive. As long as some of these young guys work out, we'll just have to supplement a few veterans here and there to field a contending team. The key to our success will depend upon our young players, not our payroll.

Thank you.  Someone points out the obvious.

We've outspent every team in our division over the past many recent years but have arguably only outperformed one (the ChiSox).  Why is that?  Isn’t spending supposed to be correlated with winning?  Nearly every TDer makes this claim.

It gets worse too: we not only have outspent our division competitors on major leaguers, but we also arguably have the best minor league system as well.  Yet, again, we underperform.  Why?

The answer is as obvious as the noses on our faces.  The Indians, Royals and even the Tigers are better “managed” at the major league level.  They get more out of less because they transition their young players better, make overall better roster construction decisions (i.e. free agent spend, trades, commitment to young players) and are better managed in the dugout on a day to day basis.

What else could explain it? What else could explain why those teams spend less, but win more? Imagine if Terry Francona had been our manager for the past decade.

My fellow TDers - it’s not the money per se. It’s what you do with it. Keep up your pipe dream of some uber wealthy egotist willing to come in and throw cash into the incinerator year after year.  Face it - our market will never, ever, ever be able to sustain that type of model on a consistent basis. Rich people just aren’t that dumb.

No, the key to winning is better “management”: 1) capitalising on our advantages in minor league player development through better transitioning top prospects into true major leaguers; 2) better results from outside the system player acquisition efforts (free agency and trades); 3) win a handful more games a year by better managing from the bench; and 4) knowing when to go for it (spend more selectively) when the opportunity is there. That’s the recipe for success for a franchise in a division like ours and a market like ours. 

[TopGunn#22]

I'm with you on this chpettit19.  I'm just READY to move on from the Pohlad's.  I started to sour on them in the 2004-2010's era.  The Twins had 2 MVP's (Mauer & Morneau) a multiple CY Young winner (Johan Santana).  The greatest closer in Twins history (and a guy who should be a future HOF) in Joe Nathan.  A CF who actually compared to Kirby Puckett (Tori Hunter) and a host of decent supporting cast players. 

Yet, throughout those years the Pohlad family and Twins FO never made a big move to put the team over the hump to challenge for a World Series.  And this all took place when the A.L. Central was VERY competitive.  The Tigers and White Sox had some very good teams in those years.  There were some great pennant races.

So I'm fully invested in new ownership.  We won't be able to fully asses how good that new ownership will be for a couple years, but I'm confident in saying they can't be worse than the Pohlad family.  Ishbia was only interesting due to the fact he was the only potential new owner mentioned.  I also find it interesting that nobody else has been mentioned since the time the Pohlad's announced the team was for sale.  

I believe a sale will be consummated sometime around the All Star break.  Maybe slightly sooner.  Remember, it's early March now, the All Star break isn't until mid July.  The question really isn't how much is spent on payroll, but how efficiently that money is spent.  We're spending a lot of money on Carlos Correa.  But if we didn't have him, who the heck would be playing SS?  Paying Lopez what we are as our #1 SP isn't outrageous.  But paying Christian Vasquez $10 million per year is NOT efficient.  Paying Farmer $6.6 million last year or Margot more than league average is failing grade level for a front office.

It's obvious blunders like this that make me yearn for a new owner with a new team for a front office.  I appreciate what Falvey has done for the young pitching pipeline.  But I'd like a clean sweep when new ownership takes over for 2026.  From the FO to the manager and his coaching staff.  Unless the Twins put up a 90+ win season, make the playoffs and win a playoff SERIES, I'm ready to move on.   

[Fire Dan Gladden]

56 minutes ago, nicksaviking said:

A) The NBA has salary floors, it's a different beast. See Glen Taylor, who I guess nobody wants owning the Twins.

B) What fans are brainwashed? We have like two on this site who regularly defend the Pohalds.

At this point, I have no horse in the race. We won't know the true colors of the new owners until the honeymoon period wears off. 

Ishiba, owning the Phoenix Suns, pays over $100 million more in salary and penalties than the 2nd highest NBA team.  This isn't about floors, it is about spending.  While I don't believe he would spend like the Dodgers, one has to wonder what adding another $75m to the Twins payroll would do.

Brainwashed in that fans have basically accepted ownerships slow spending approach to the point of defending it.  I see lots of comments here complaining about how Rays can do it, so the Twins should be able to do it as well.   Lots of comments about the FO should be fired because of contracts/players/transactions that wouldn't even blip other organizations.  The status quo is just accepted.

I agree that we won't know how the new ownership shakes out for a few years, but Ishiba brought with him a track record of spending excessive money on player salary.  We do not know what he would have done to the FO, the MLB staff, etc., but from a spend POV, Ishiba would be everything Twins fans would want in an owner. 

[nicksaviking]

5 minutes ago, Fire Dan Gladden said:

Brainwashed in that fans have basically accepted ownerships slow spending approach to the point of defending it.  I see lots of comments here complaining about how Rays can do it, so the Twins should be able to do it as well.   Lots of comments about the FO should be fired because of contracts/players/transactions that wouldn't even blip other organizations.  The status quo is just accepted.
 

Again, that's like two people.

The only brainwashing I see is people pinning their hopes for this team on a benevolent billionaire.

[chpettit19]

36 minutes ago, TopGunn#22 said:

I'm with you on this chpettit19.  I'm just READY to move on from the Pohlad's.  I started to sour on them in the 2004-2010's era.  The Twins had 2 MVP's (Mauer & Morneau) a multiple CY Young winner (Johan Santana).  The greatest closer in Twins history (and a guy who should be a future HOF) in Joe Nathan.  A CF who actually compared to Kirby Puckett (Tori Hunter) and a host of decent supporting cast players. 

Yet, throughout those years the Pohlad family and Twins FO never made a big move to put the team over the hump to challenge for a World Series.  And this all took place when the A.L. Central was VERY competitive.  The Tigers and White Sox had some very good teams in those years.  There were some great pennant races.

So I'm fully invested in new ownership.  We won't be able to fully asses how good that new ownership will be for a couple years, but I'm confident in saying they can't be worse than the Pohlad family.  Ishbia was only interesting due to the fact he was the only potential new owner mentioned.  I also find it interesting that nobody else has been mentioned since the time the Pohlad's announced the team was for sale.  

I believe a sale will be consummated sometime around the All Star break.  Maybe slightly sooner.  Remember, it's early March now, the All Star break isn't until mid July.  The question really isn't how much is spent on payroll, but how efficiently that money is spent.  We're spending a lot of money on Carlos Correa.  But if we didn't have him, who the heck would be playing SS?  Paying Lopez what we are as our #1 SP isn't outrageous.  But paying Christian Vasquez $10 million per year is NOT efficient.  Paying Farmer $6.6 million last year or Margot more than league average is failing grade level for a front office.

It's obvious blunders like this that make me yearn for a new owner with a new team for a front office.  I appreciate what Falvey has done for the young pitching pipeline.  But I'd like a clean sweep when new ownership takes over for 2026.  From the FO to the manager and his coaching staff.  Unless the Twins put up a 90+ win season, make the playoffs and win a playoff SERIES, I'm ready to move on.   

I won't go as aggressively on the clean sweep as you, but I'm ready to move on from Falvey and Rocco. The folks under them are much harder to have any sort of feel for. We just switched up hitting coaches so no feelings on them yet. I also am a fan of what the pitching development and minor league situation in general are looking like (I'd also keep Sean Johnson as I think he's done quite well running the draft), but the things that appear to be core philosophies at the MLB level have run their course for me and I'm ready for new faces with new ideas.

But I think there's a very real chance new people in charge are worse than the current guys. There may not be much room for ownership to be worse, but I think there's a larger chance that a new regime could be worse. Falvey will get a new job instantly. New ownership will hopefully have the right connections and knowledge to bring in high quality candidates. But there's a lot of room below the Twins in terms of team performance. 80-87ish wins for years on end is getting frustrating for us all, I think, but it's better than 60-70 wins.

[gman]

Apparently many missed it, but it was mentioned early on that Ishbia was a minority owner in the White Sox.  I agree the suspicious part is where he was able to purchase a larger part of the White Sox following the noise around him being interested in the Twins.

As far as the team goes, I'd like to see how well they could do if they had a normal season without so many injuries.

[SF Twins Fan]

2 hours ago, chpettit19 said:

2 things about the Suns comparison. 1. And this is noted in the article, Justin isn't the head guy in Phoenix, his brother is. I don't know how closely they work together, and I'm not sure anyone around here does. Is Justin even meaningfully involved in the decisions there? 2. The NBA and MLB are very different leagues. Every individual player is a key part of both offense and defense in basketball. The most important part of defense in MLB is pitching. They play 0 role in offense (Ohtani being the historic rarity). Offenses have a position that plays no role in defense. While every player needs to be ready on every play in MLB, they aren't all involved in every play like they are in the NBA. Chasing 3 stars like Phoenix did is team building 101 in the NBA. You're not even in the conversation in the NBA if you don't have 2 legit stars/max contract guys. There are no meaningful minor leagues in the NBA. The Suns didn't trade away a great young core. Ayton and Bridges weren't stars. They kept their star and didn't pay non-stars star money while adding 2 other stars. Chris Paul was born the same year as I was. He wasn't young, and isn't a star anymore. Tell me if this sounds familiar...the Suns problem is their stars haven't stayed healthy. Health has been their problem, not their team building strategy.

As for Justin's potential ownership of the Twins, just like any other new owner we won't know if they're better, worse, or the same as the Pohlads for years. Justin had some intrigue because he appears to be a legitimate fan of baseball. That's relatable for us mortals and, I think, I basic general desire we have of any ownership group/person for any of our teams. We want to feel like, at a minimum, the owner cares whether the team wins or loses. I don't think many feel that about the Pohlads. So the idea of a legit baseball fan buying the team was refreshing at the least.

I'm sure there are some people who also hope that new ownership is going to throw budgets out the window and just go wild. I don't think that's the hope for the vast majority of fans, though. I think most of us have the hope that ownership that are actual fans and actually care about winning will invest a little more during the up swings instead of "right-sizing" their business. On the down swings slice and dice away at the payroll and make all the money you can. On the next up swing make more smart investments. I think that's a reasonable request from a fanbase. 

And my biggest hope for new ownership is that they can better take advantage of this market. MN fans will show up. The Vikes and Wild don't have to try as hard as we're more diehard about football and hockey around here, but the Wolves and Twins can get big numbers of fans to show up when they give us a reason. Maybe those fan bases would be more diehard, too, if the ownership did better. The Wolves have been an embarrassment for decades and the Twins just won their first playoff series in 2 decades. Do better at getting the fans to feel connected to the team and show you care about winning. Be better about your messaging (hard not to be better than the current Pohlad and DSP group). Run the team better and adding to the payroll doesn't have to mean you'll lose money because you would be making more revenue.

I'm excited for new ownership, but I'm not blindly expecting things to be significantly different. They'll still budget. We'll still be mid-market. But there's at least a chance the new owners care about winning at all. There's also a chance they don't. We won't know for years after they take over. Grass isn't always greener, but the grass we're standing on now is actually dirt.

This comment should be pinned to the top. 

[KirbyDome89]

6 hours ago, nicksaviking said:

Again, that's like two people.

The only brainwashing I see is people pinning their hopes for this team on a benevolent billionaire.

There was plenty of grumbling about Correa's contract last summer. People still complain about Buxton making $10M. Donaldson was a source of angst. Mauer received endless amounts of s*** for taking a discount to stay. How many fans were glad the Twins whiffed on Zach Wheeler, Darvish, ect? This fan base has absolutely been conditioned to equate spending with risk. 

[jkcarew]

Know when you’ve become a true Twins fan??

When you’ve fully developed and perfected this irrational sense of value from mediocrity…and the ‘stability’ that invariably sustains it.

[jmlease1]

10 hours ago, KirbyDome89 said:

There was plenty of grumbling about Correa's contract last summer. People still complain about Buxton making $10M. Donaldson was a source of angst. Mauer received endless amounts of s*** for taking a discount to stay. How many fans were glad the Twins whiffed on Zach Wheeler, Darvish, ect? This fan base has absolutely been conditioned to equate spending with risk. 

I think Mauer got more stick for NOT taking a hometown discount to stay? (and of course, there's the local media types that blamed him for getting injured or told us we shouldn't like him taking walks, etc) But there's definitely a part of the fanbase that believes that spending a large chunk on market rate stars limits the team too much, which is part of the self-imposed payroll limits of ownership...

[old nurse]

On 3/3/2025 at 7:36 PM, Squirrel said:

Yes. It still makes me a bit suspicious that that was made so public. But who knows.

The outcome was Ishbia bought more of a stake in the White Sox. Interest in another team could have been a punch to make other investors sell their shares now rather than later 

[old nurse]

On 3/3/2025 at 8:10 PM, Hrbeks Divot said:

I’ve been generally happy with this front office given the financial constraints that they’ve worked under. If any new owner is willing to put an additional $30 million into the payroll on a regular basis I’ll be happy.  We’ll be able to compete and the level of consistency can be expected to be around 90 wins instead of 78-82.

A new owner would be able to spend that money because the depreciate the purchase price of the team over 15 years. That depreciation goes off the high income taxes they would pay from their day job . The owners are not in it to lose money 

[Squirrel]

1 hour ago, old nurse said:

The outcome was Ishbia bought more of a stake in the White Sox. Interest in another team could have been a punch to make other investors sell their shares now rather than later 

Of course. I’ve said it before the minute we found out their small ownership share in the Sox it made their interst suspicious and hearing nothing of them selling those shares, then makes them backing out not that surprising