Ifg michael reinsdorf biography
- Michael Reinsdorf was a 14-year-old 9th-grader at North Shore Country Day School in 1981 when the annual “Intern Week” required him and his classmates to learn.
- Michael graduated from University of Arizona and is currently based in Chicago, United States.
- He worked in real estate and then co-founded a stadium-consulting company, International Facilities Group LLC. Among its ventures, IFG sought.
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When Michael Reinsdorf wanted to work for his father’s sports teams fresh out of the University of Arizona, his dad said no. Almost two decades later, Bulls chairman Jerry Reinsdorf did the asking.
The conversation didn’t last long.
The son responded: “Let me think about it — yes.”
Michael Reinsdorf laughs now at his own eagerness at his dad’s offer to manage the Bulls.
The younger Reinsdorf, 46, is seen as the heir apparent of the franchise his father gained control of in 1985, when he led a group to purchase a majority of the team for $9.25 million. He took it from mediocrity to the pinnacle of sports during the Michael Jordan era, and the Bulls are now worth an estimated $800 million, according to Forbes.
The previous ownership consortium included Philip Klutznick, the late U.S. Commerce Secretary; George Steinbrenner, the legendary New York Yankees owner; Walter Shorenstein, the late billionaire real estate developer and investor; and the estate of the late Arthur Wirtz, the Blackhawks’ owner, according to court records. The team&
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Michael Reinsdorf was a 14-year-old 9th-grader at North Shore Country Day School in 1981 when the annual “Intern Week” required him and his classmates to learn firsthand about a specific business.
As luck would have it, Michael’s dad was just starting in a new business–his ownership group having purchased the White Sox–and Jerry Reinsdorf invited his son to fly down to Sarasota, Fla., stay with him at the Day’s Inn and attend the club’s instructional meetings.
“So there I am, sitting in a room with Roland Hemond and Tony La Russa,” Michael Reinsdorf says of the team’s general manager and manager at the time. “I mean, I’m sitting there when Roland Hemond says, `I think we can purchase Greg Luzinski’s contract from the Phillies.’ It was unbelievable.
“Then I got to go along when they took [batting instructor] Charlie Lau to dinner, trying to entice him to come to the Sox. And I drove to spring training with Tony La Russa, just he and I, and Tony had me fill out the lineup card and then I sha
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White Sox Owner Linked to Deal for D.C. Stadium
A company with close ties to Chicago White Sox owner Jerry Reinsdorf, the chief negotiator in the deal that brought baseball to Washington, is a leading candidate for a multimillion-dollar contract to help plan the city’s proposed stadium, the Washington Post reported.
Reinsdorf’s son Michael is the managing director and co-founder of International Facilities Group, a consulting firm started in 1995 to “provide development and management services to municipalities and professional sports owners,” according to the company’s website.
The agreement Mayor Anthony Williams signed with Major League Baseball in September calls for the city to build a stadium in southeast Washington. As part of the $440-million cost, the pact calls for the city to pay an estimated $3.7 million for baseball’s consultant on the stadium, also known as the team representative.
If the past is any guide, IFG should have a strong shot at winning the contract because Major League Baseball and its teams have a long record of awarding contracts to the firm. IFG ha
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