Justin and his brother, Mat, emerged as suitors to buy the Twins in December, a few months after chairman Joe Pohlad -- whose father, Carl, purchased the Twins for $44 million in 1984 -- announced that the family would explore options to sell the ballclub.

The Twins are hustling to regroup after learning this week that a leading contender in their search for a new owner has abandoned his bid.

Ishbia has dropped his pursuit of the Twins, The Athletic has learned, and will instead increase his minority stake in the White Sox.

The Shore Capital Partners chief has abandoned his pursuit of the Minnesota Twins and will instead increase his existing minority stake in the Sox, the Athletic reports today, citing unnamed sources.

Justin Ishbia, the billionaire financier who had approached several former Twins players to be minority partners in a much-rumored effort to buy the Twins, will instead increase his minority stake in the White Sox,

A recent move made by Chicago White Sox minority owner Justin Ishbia has some speculating that he may be interested in shedding the “minority” part of his title.