Bulls rumors: Will Jerry Reinsdorf sell franchise after White Sox decision?

Chicago Bulls chairman Jerry Reinsdorf holds the NBA championship trophy before the game between the Chicago White Sox and New York Yankees at US Cellular Field.Two of the Second City’s major sports teams, the Chicago White Sox and Chicago Bulls, are owned by the same man, Jerry Reinsdorf, and long-frustrated fans of both franchises are probably wondering when that will no longer be the case.Reinsdorf, the owner of the Bulls when they won six NBA championships in the 1990s with Michael Jordan and the owner of the White Sox when they ended an 88-year drought by winning the World Series in 2005, is not well-liked by those fan bases. In fact, Reinsdorf might be among the most widely disliked owners in all of major North American sports after decades of mediocrity in his teams.

But there might be light at the end of the tunnel for the White Sox after Reinsdorf agreed to at least put some kind of timetable out there for a transition of power of his MLB team.

“White Sox owner Jerry Reinsdorf, 89, erased all of the speculation that the White Sox would be up for sale any time soon, but does have a succession plan in place beginning in 2029, or perhaps even 2034 when he will turn 98 years old,” USA Today’s Bob Nightengale wrote.

Article Continues Below“Reinsdorf, who has been hounded by minority owner Justin Ishbia for years to sell controlling interest of the club, finally agreed to potentially sell it to him beginning in 2029, but not a single day earlier. If Reinsdorf or his family still own[s] the team in 2034, Ishbia has the right to purchase the club without Reinsdorf’s approval. In exchange, Ishbia is contributing capital this year and in 2026. The plan was put in place months ago, as The Athletic’s Jon Greenberg reported, but was not announced until the final day of the owners’ meetings on Thursday.”

But what about the Bulls? Well, according to Nightengale, the NBA franchise will “remain in the family where his son, Michael, is president and COO.”

The Reinsdorf family may ultimately sell the Bulls at some point, especially with NBA franchise values continuing to increase — the Bulls are valued at $5.8 million, according to CNBC — but there is not a publicly known plan for the team if a post-Reinsdorf era were to happen.

 

Related Posts

BREAKING: No blockbuster, no desperation. The Lakers’ most realistic trade package for Keon Ellis has been revealed, signaling a measured approach instead of an all-in gamble. Now the question is whether it’s enough.

Kings Open to Moving Keon Ellis as Lakers Seek Versatility for Playoff Push Sacramento Kings management understands that they are unlikely to receive a premium draft haul…

Breaking!! The Lakers are predicted to move an $18M misfit and a former first-round pick in a bold trade proposal. In return, Los Angeles would land a highly coveted $5M asset from the Kings, signaling a clear shift from sunk cost to fit and flexibility. The imbalance in salary only makes the potential move more intriguing.

Lakers Target Keon Ellis as Trade Deadline Nears, Eyeing Win-Now Move for LeBron James The Los Angeles Lakers find themselves firmly in the thick of the Western…

Labor Day (2013) –🚨 OMBSHELL STRANGER IN DISTRESS — depressed single mom Adele and her son Henry pick up a wounded, fearsome man, only to uncover his dark story as police hunt him down. What begins as a simple act of kindness spirals into suspense, danger, and impossible choices..ll 👇👇👇

Labor Day, released in 2013, is a poignant drama film directed by Jason Reitman and based on the novel of the same name by Joyce Maynard. The story unfolds over the course of a Labor Day weekend, centering around a reclusive single mother, Adele, and her son, Henry.

BAY AREA BREAKDOWN: Warriors crush the Bulls in a statement win that exposes a shocking trend hiding beneath the box score, raising brutal questions about who’s rising and who’s falling apart. One thing’s crystal clear—this shift could reshape the entire season..ll

A shorthanded Warriors squad dominated the Bulls on the road, revealing a surprising trend that could shape their season.

How to Watch Golden State Warriors vs. Minnesota Timberwolves — Live from San Francisco on December 13, 2025..ll

Fans won’t want to miss the showdown at Chase Center as the Golden State Warriors host the Minnesota Timberwolves on December 13, 2025. With both teams battling…

Warriors vs. Timberwolves in San Francisco — Form, Head-to-Head & Key Storylines Ahead of Dec. 13, 2025..ll

Warriors vs. Timberwolves in San Francisco — Form, Head-to-Head & Key Storylines Ahead of Dec. 13, 2025 On December 13, 2025, Chase Center will heat up as…