Saturday, May 9, 2026

While Bears and White Sox Stall, Chicago Fire Make Stadium Move

While several pro teams in Chicago continue to find new stadium deals elusive, the Fire have unveiled a privately financed plan that could have far more momentum. 

Talia Sprague-Imagn Images

While the NFL’s Bears, MLB’s White Sox, and NWSL’s Stars have struggled for years to finalize deals for new stadiums, Chicago’s MLS team has swooped in and passed its neighbors.

The Fire have unveiled a plan to build a $650 million soccer-specific stadium at The 78, an undeveloped parcel on Chicago’s South Loop, near downtown, that also has been considered by the White Sox. Targeted to open in 2028, the planned 22,000-seat facility ends a long period of instability for the Fire in which it has played over the years at Soldier Field, SeatGeek Stadium in Bridgeview, Ill., and Benedetti-Wehrli Stadium in Naperville, Ill., never fully fitting in at any of those disparate venues. 

“A world-class city like ours deserves a world-class club—with a world-class home to match,” Fire owner and chairman Joe Mansueto wrote in an open letter to the city of Chicago. “This project is more than just a stadium. It’s a space for fans of all ages, backgrounds, and neighborhoods to come together and celebrate the beautiful game—right in the heart of our city.”

The soccer stadium is intended to anchor a larger, mixed-use development at the site, in turn resembling in some ways the Wrigleyville area around the Cubs’ Wrigley Field on the city’s north side. Mansueto, estimated to be worth $6.6 billion, is the founder of the financial services firm Morningstar, and he also owns the Mansueto Ventures media company that publishes Fast Company and Inc.

“Joe Mansueto isn’t just building a soccer stadium. He’s reshaping the future of soccer in Chicago,” MLS commissioner Don Garber said in a social media post. “This is one of the most ambitious stadium projects in MLS history, and a powerful reflection of Joe’s extraordinary commitment. I toured the site recently, and there’s no doubt that this will be a transformative moment for the club and a landmark for Chicago sports.” 

A Different Approach 

Notably, Mansueto plans to fund the project privately, a fundamental divergence from the proposals from the Bears and White Sox, which each call for billions in public funding and infrastructure support. 

The Fire announcement arrives as the Bears have made some limited progress on a potential domed stadium in suburban Arlington Heights, Ill., while the White Sox effort to build a ballpark at The 78 has stalled amid the lack of support among state lawmakers to help fund it. A 62-acre parcel owned by developer Related Midwest, The 78 has long been seen as one of Chicago’s best untapped properties. 

“If the community is supportive, the Chicago Fire would be an excellent anchor tenant for The 78 site,” said Chicago mayor Brandon Johnson. 

The White Sox, meanwhile, said they “remain confident” the site could potentially house both teams, and that the club continues to discuss options with Related Midwest about The 78.

While the Fire is making a significant move off the field, the club’s on-field struggles continue. The Fire have reached the MLS playoffs just once since 2013, and are 11th in the Eastern Conference so far this season. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Politicians From Mamdani to Trump Furious at World Cup Prices

So far, they’ve not been able to do anything about it.
May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Apr 16, 2025; Washington, DC, USA; FIFA President Gianni Infantino speaks during a press conference at Audi Field.

FIFA President Compares High World Cup Prices to College Football

The bizarre comparison comes after fans have criticized FIFA over ticket costs.
Tottenham Hotspur

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.

Featured Today

Matt Palumb

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
Cricket - Indian Premier League - IPL - Final - Royal Challengers Bengaluru v Punjab Kings - Narendra Modi Stadium, Ahmedabad, India - June 4, 2025 Royal Challengers Bengaluru's Rajat Patidar lifts the trophy as he celebrates with teammates after winning the Indian Premier League
May 5, 2026

How Private Equity Fell in Love With Indian Cricket

India’s U.S.-style cricket league has become a private-equity playground.
Kaitlin Oaks (left) from Tampa looks at photos with Layla Abutha from Tampa while attending Thurby at Churchill Downs during the week of Kentucky Derby on Thursday, April 30, 2026.
May 1, 2026

Kentucky Derby Is Courting Gen Z

Churchill Downs is mixing traditional splendor with a youthful atmosphere.
INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.
April 22, 2026

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Cleveland Browns players Denzel Ward and Carson Schwesinger, left, join with others as they take part in the ceremonial groundbreaking for the new Huntington Bank Field in Brook Park, Ohio on April 30, 2026.

Browns Break Ground on New Stadium, but Funding Still in Limbo

State and local funding for the planned venue is not yet solidified.
April 21, 2026

Illinois Lawmakers Race to Advance $5B Bears Stadium Plan

State legislators race against the clock as a stadium decision nears.
April 22, 2026

Royals’ New $3B Stadium Lands Downtown, but Not Where Expected

The MLB club strikes a large-scale development deal with Hallmark Cards.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
Apr 4, 2026; Kansas City, Missouri, USA; Kansas City Royals center fielder Lane Thomas (15) celebrates in the dugout after scoring during the seventh inning against the Milwaukee Brewers at Kauffman Stadium.
April 17, 2026

Kansas City Okays $600M for New Royals Stadium

The MLB club must still complete the rest of its stadium financing plan.
Apr 10, 2026; Kansas City, Missouri, USA; Kansas City Royals shortstop Bobby Witt Jr. (7) throws to first base during the seventh inning against the Chicago White Sox at Kauffman Stadium.
April 14, 2026

Royals One Step Closer to New Kansas City Stadium

The MLB club receives support from two key votes.
April 6, 2026

Chicago Mayor Pushes for Rejected Downtown Bears Stadium Site

Despite the team’s focus on suburban options, city leaders continue their efforts.
April 6, 2026

Rays Return to Rebuilt Tropicana Field, but Bigger Questions Remain

As the club’s current ballpark is restored, new stadium plans are developing.