The longtime owner of the Chicago White Sox has agreed to sell the team to minority owner Justin Ishbia, who has ties to a Nashville sports franchise.

Billionaire Phoenix Suns co-owner Justin Ishbia has reached an agreement with Chicago White Sox chairman Jerry Reinsdorf that could see Ishbia taking over control of the team as soon as 2029. The White Sox confirmed Thursday that they have reached a deal that will call for Ishbia,

Justin Ishbia, a billionaire Vanderbilt University board member and Nashville SC minority owner, has reached an agreement that — in time — could make him the next owner of the Chicago White Sox. But that shouldn’t be taken as a sign the White Sox are on the verge of moving to Music City.