Chicago White Sox owner Jerry Reinsdorf issued a statement Sunday to fans, calling the 2024 campaign "completely unacceptable."

"By all measures, our on-field performance this season was a failure," the statement read. "As the leader of this organization, that is my ultimate responsibility. There are no excuses.

"I want to thank you for continuing to support the team throughout what was an embarrassing season. You all deserved better. This season's performance was completely unacceptable, and the varying reactions and emotions from our fan base are completely understandable."

The owner said the organization "will do everything we can to fix this for 2025 and the future." He added that the White Sox will continue their search for a new manager and improve player development and analytics.

However, Reinsdorf's statement wasn't entirely negative.

The 88-year-old pointed to "bright spots" in the organization's "overall health," highlighting an improved farm system and successful minor-league seasons by the Double-A Birmingham Barons and Single-A Kannapolis Cannon Ballers.

Reinsdorf's statement comes after the White Sox broke the 1962 New York Mets' modern-era record for single-season losses with 121 on Friday.