Reinsdorf outlines future ownership plans for White Sox

Reinsdorf outlines future ownership plans for White Sox
May 21, 2013, 7:30 pm
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The White Sox issued a statement on Tuesday evening in regard to Jerry Reinsdorf’s future ownership plans.

In a Sports Business Journal article published Monday, Reinsdorf, 77, said he’d recommend his children maintain ownership of the Bulls but sell the White Sox after he passes away. Reinsdorf, who will be presented with the 2013 Sports Business Journal Lifetime Achievement Award on Wednesday night in New York at the sixth annual Sports Business Awards, has co-owned the White Sox since 1981.

“Jerry appreciates all the care and concern about his future, but is happy to still be going strong, and he plans to be around for quite a while longer. During the SBJ interview, Jerry said he intended to be at the ballpark for the 2033 MLB All-Star Game.

“Jerry has said that while it is his recommendation that the club be put up for sale once he is no longer with us, he acknowledges that his vote won’t count at that point in the discussion.

“He recognizes that he may be in the fourth quarter, but as he said, he’s playing for triple overtime.

“The succession of the White Sox is fluid at this point and ultimately will depend on timing and other circumstances. Certainly, nothing is definitive, and right now the plan is to address succession after the 2033 All-Star Game.”