In January 1981, Jerry Reinsdorf made a landmark acquisition that would alter the course of the Chicago White Sox franchise, purchasing the club from Bill Veeck for $20 million. Over 40 years later, the imprint of his ownership is as prominent as ever, filled with tumultuous seasons, coveted triumphs, and sweeping changes that continue to shape the franchise.
A Legacy of Ownership
Reinsdorf, now 88 years old, has seen his fair share of ups and downs. During his tenure, the White Sox secured a World Series title in 2005, a high point that stands tall amongst an otherwise rocky journey. His ownership has overseen seven postseason berths in 44 seasons. Yet, recent projections paint a dire picture for the 2024 season, with the team expected to finish with a grim 38-124 record, which would surpass the 1962 New York Mets' modern record of 120 losses and underscores the challenges Reinsdorf's team currently faces.
Front Office Overhaul
The recent dismissal of vice president Ken Williams and general manager Rick Hahn marks a significant shift in the White Sox's front office dynamics. Williams, who joined the organization in 2000, and Hahn, who served as GM for over a decade, were relieved of their duties in August of last year. Adding to the shakeup, manager Pedro Grifol was dismissed after an underwhelming 89-192 record.
Chris Getz stepped in as the new general manager, an appointment that notably took place without any external search. This move has sparked controversy, with a veteran baseball evaluator remarking, "The fanbase should be up in arms. They have zero chance to be successful with these changes."
Stadium Issues and Public Funding
One contentious aspect of Reinsdorf's ownership has been his handling of the White Sox's stadium situations. Guaranteed Rate Field, which opened in 1991, was built at a cost of $137 million, shouldered by Illinois taxpayers. To this day, taxpayers contribute $5 million annually for stadium maintenance and repairs. Despite these substantial public investments, Reinsdorf has openly expressed a desire for a new, largely publicly funded ballpark in Chicago.
His strategic prowess has long involved creating leverage. At one point, Reinsdorf even threatened to move the team to St. Petersburg, Florida. Reflecting on this tactic, he noted, "a savvy negotiator creates leverage. People had to think we were going to leave Chicago."
A Lifelong Commitment
Beyond the financial and strategic aspects of baseball, Reinsdorf's ownership philosophy is deeply personal. "I've always looked at the ownership of a baseball franchise as a public trust, maybe even a charitable thing. I'm serious about that," he shared. His approach underscores a commitment to the sport and the team that transcends mere business interests.
However, the longevity of his family's involvement with the White Sox may be limited. Reinsdorf has candidly stated that after his passing, his son Michael might feel obligated to sell the team, potentially to out-of-town buyers. "When I'm gone, (son Michael) will have an obligation to do what's best (for the other investors). That likely means putting the team up for sale … The team will be worth more out of town."
Looking to the Future
As Reinsdorf attended the MLB Winter Meetings in Nashville in late 2023, the future of the White Sox remains uncertain. Nashville-based Standard Media Group is set to broadcast White Sox games, adding another layer to the evolving narrative of this storied franchise. Through the highs and lows, the ownership of Jerry Reinsdorf remains a defining era for the Chicago White Sox, filled with ambition, controversy, and an unwavering attachment to the game that he reveres as his "religion."