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Tyler Lauletta.

BIZARRE: White sox agree to deal with billionaire that could allow future sale | Mind Blowing Facts

White Sox Justin Ishbia Mat Ishbia Sox Jerry Reinsdorf Phoenix Suns Chicago White Sox

A Chicago White Sox jersey. | Nick Cammett/Diamond Images via Getty Images

The Chicago White Sox appear to be heading towards new ownership, but not for a while.

On Tuesday, the team announced a “long-term investment agreement” had been made between owner Jerry Reinsdorf and billionaire Justin Ishbia that “establishes a framework" for Ishbia to take a controlling share of the franchise down the road.

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