CHICAGO (WLS) -- Chicago White Sox owner Jerry Reinsdorf announced a deal with Justin Ishbia that provides a framework that would allow Ishbia to purchase a controlling interest in the team.

The agreement gives Reinsdorf the option to sell the controlling interest to Ishbia from 2029-2033. After the 2034 season, Ishbia will have the option to purchase the controlling interest in the team.

If there is a transaction between Reinsdorf and Isbia, limited partners of the Sox would have the option to sell to Ishbia.

Justin Ishbia's brother, Mat and his father Jeff, would also be investors in the team.

As part of the agreement, Ishbia would make capital investments into the White Sox as a limited partner in 2025 and 2026.

"Having the incredible opportunity to own the Chicago White Sox and b

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