Bill Veeck agrees to sell the Chicago White Sox to Youngstown, OH shopping-mall magnate Eddie DeBartolo, Sr. for a reported $20 million

On August 22, 1980 — Admitting that he can no longer compete financially in today’s inflated economy, colorful owner Bill Veeck agrees to sell the Chicago White Sox to Youngstown, OH shopping-mall magnate Eddie DeBartolo, Sr. for a reported $20 million. The sale will fall through, however, when American League owners twice fail to give Veeck the 10 votes needed for approval.

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