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

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.

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.