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 Athletic reported Friday night that Justin Ishbia, a potential buyer of the Twins, has decided to increase his stake in the rival Chicago White Sox.

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,