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David Samson: Jerry Reinsdorf's plan has always been to run the White Sox until he passes away
WSCR-AM / 670 The Score
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6/6/2025
Category
🥇
Sports
Transcript
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00:00
What was your reaction when you saw the news break yesterday?
00:04
I think it was people so badly misunderstood this news.
00:08
The headline was White Sox sold, Jerry stepping down, the end of an era.
00:15
Jerry Reinsdorf is going to keep running that team until he passes away, and that was always his plan.
00:21
This change of control could happen when he's 98 years old.
00:25
That's 2034.
00:27
That's when Justin Ishpia has the right to take over.
00:30
Now, in the years before that, Jerry Reinsdorf has the right to give him the team, meaning give over control, but that's never been his plan.
00:42
From an estate planning standpoint, the Bulls were going to stay in the family, and the White Sox were going to be out of the family.
00:48
This is just standard what he was going to do, and the announcement was done because the White Sox needed current-day capital infusion.
00:56
And got it from Justin Ishpia in return for this future date, way far from now, of the carrot of taking over.
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