The Minnesota Twins' ownership saga has taken an unexpected turn. Billionaire businessman Justin Ishbia, once a frontrunner to acquire the franchise, has withdrawn his bid to focus on increasing his stake in the Chicago White Sox.

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,