This Day in White Sox History: Finley fails to buy the team

This Day in White Sox History: Finley fails to buy the team
Charlie Finley failed in purchasing the White Sox, but did get the A's. He famously tried to introduce an orange baseball into MLB. (TIME)

December 26, 1958 - In the middle of a family fight involving the Comiskey’s and the attempt to sell the Sox, Charlie Finley (yes THAT Charlie Finley) offered $500,000 to buy the club. Dorothy Comiskey immediately began to give serious consideration to selling it to him, since that amount of money was gigantic for its time and surpassed the initial offer that came from Bill Veeck’s group.

However Veeck had purchased, for one hundred dollars, an option period where he would have the first right to buy the team. Dorothy Comiskey and her advisors tried to determine a fair price to buy that option back and sell to Finley but were never able to do so.

Thanks in part to a final judicial ruling in March 1959 and because he raised his initial offer, Veeck’s group finally took control of the club right before the start of the regular season. Finley would eventually get into baseball as the controversial owner of the Kansas City and later Oakland Athletics.

CHICAGO TRIBUNE VIDEO

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