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Richard M Reinsdorf Research Paper

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Richard M Reinsdorf Research Paper
Jerry M. Reinsdorf (born February 25, 1936) is a CPA, lawyer and an owner of the MLB 's Chicago White Sox and the NBA 's Chicago Bulls. He started his professional life as a tax attorney with the Internal Revenue Service. He has been the head of the White Sox and Bulls for over 20 years.
He made his initial fortune in real estate, taking advantage of the Frank Lyon Co. v. United States decision by the United States Supreme Court which allowed economic owners of realty to sell property and lease it back, while transferring the tax deduction for depreciation to the title owner.
As the owner and Chairman of the Chicago Bulls since 1985, he has turned the franchise into a lucrative business that won six NBA Championships in the 1990s (1991-1993 …show more content…
Daley 's initiative to improve standardized test scores in the 559 Chicago Public Schools. He has been involved in other extensive charitable work including those of CharitaBulls and White Sox Charities. His philanthropy and community development have been notable in the Near West Side community area near the United Center. Twice the White Sox Charities has donated $1 million to the Chicago Park District with particular attention to funding baseball and softball fields.
Reinsdorf was inducted into the Appleton, Wisconsin Baseball Hall of Fame on August 5, 2006 in a ceremony at Fox Cities Stadium prior to that evening 's game between the Midwest League Wisconsin Timber Rattlers and Beloit Snappers. He was so recognized because a former Minor League club, the Appleton Foxes, was a Chicago White Sox affiliate and won three consecutive Midwest League Championships in the early years of Reinsdorf 's ownership.
He has been a member of the board of directors of Shearson Lehman Brothers, Inc., the Northwestern University Law School Alumni Association, LaSalle Bank, Equity Office Properties and numerous other corporations and charities. He currently serves as a Life Trustee of Northwestern University. Reinsdorf and his wife, Martyl, have four children and eight …show more content…
^ Sakamoto, Bob (1985-02-09). "Reinsdorf Buys Bulls". Chicago Tribune. http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:NewsBank:CTRB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0FF630C681123A90&svc_dat=InfoWeb:aggregated5&req_dat=aa98cdc331574f0abeaff732b33dc0b2. Retrieved 2008-10-08.
19. ^ Daley, Steven (1985-02-09). "Reinsdorf Shows He 's All Business". Chicago Tribune. http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:NewsBank:CTRB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0FF630C68FCC7196&svc_dat=InfoWeb:aggregated5&req_dat=aa98cdc331574f0abeaff732b33dc0b2. Retrieved 2008-10-08.
20. ^ Verdi, Bob (1985-02-10). "Reinsdorf Tackles Bulls By The Horns". Chicago Tribune. http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:NewsBank:CTRB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0FF630D1AEA88F2E&svc_dat=InfoWeb:aggregated5&req_dat=aa98cdc331574f0abeaff732b33dc0b2. Retrieved 2008-10-08.
21. ^ Sakamoto, Bob (1985-03-12). "Defenseless Bulls Ripped By Bullets". Chicago Tribune. http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:NewsBank:CTRB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0FF63253B42C756E&svc_dat=InfoWeb:aggregated5&req_dat=aa98cdc331574f0abeaff732b33dc0b2. Retrieved
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