With Major League Baseball’s Opening Day set for March 27, 2025, Phoenix Suns and Mercury minority owner Justin Ishbia is linked to purchasing one of the 32 franchises before the season gets underway.
Thank you for reading this post, don't forget to subscribe!Reported first by Bloomberg, Justin Isbia, the brother of Suns and Mercury majority owner Mat Ishbia, is interested in bidding on the Minnesota Twins and is going as far as immersing himself in the surrounding area.
“The 47-year-old has been meeting with local community leaders across the state to learn more about the community and the opportunity to carry on the Twins’ legacy,” an anonymous person said to Bloomberg.
Feb 8, 2023; Phoenix, AZ, USA; Phoenix Suns owner Mat Ishbia (right) and brother Justin Ishbia pose for a photo during an introductory press conference at Footprint Center. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports
Justin Ishbia is the founder and managing partner of a private equity called Shore Capital Partners based in Chicago. His net worth is near an estimated $5 billion, according to ESPN.
The prospect of a sale of the Twins originally came out in October when the current owners, the Pohlad family, were looking to sell the team for $1.5 billion or higher. Only the Steinbrenner family (New York Yankees) and Jerry Reinsdorf (Chicago White Sox) have owned an MLB team longer than the Pohlad family.
Not only is Justin Ishbia involved with the Mercury and Suns, but he also has a minority stake in Nashville Soccer Club, one of the newer franchises in Major League Soccer (MLS).
Mat Ishbia bought the Suns and Mercury for $4 billion in February 2023, with Justin a minority owner and alternate governor of both franchises.
The Twins are coming off of an 82-80 season in which they missed the playoffs for a third consecutive year.
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Reporter Alec Cipollini covers the Phoenix Suns, ASU Athletics and more for Burn City Sports. You can follow him on his X account, @AlecCipollini
