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The countdown to keep the Chicago White Sox at Guaranteed Rate Field has officially begun.
According to a recent report, White Sox owner Jerry Reinsdorf is considering the possibility of moving the team out of the stadium it has called home for over 30 years once its lease with the city expires in 2029.
The Illinois Sports Facilities Authority — a subsidiary of the state government — opened the stadium in 1991 after a $137 million construction project, and taxpayers still owe about $50 million on the bonds issued.
“We have not had any conversations about our lease situation,” White Sox spokesperson Scott Reifert said. “With six years remaining, it is naturally nearing a time where discussions should begin to take place.”
In Crain’s Chicago Business report, Reinsdorf floated the idea of a new stadium in Chicago, moving to the suburbs, or even going to Nashville — which has frequently popped up as a potential destination for an MLB team.
Bear Necessities
The Sox aren’t the first team in town to make headlines about a possible new home.
After purchasing the former Arlington International Racecourse property, the Chicago Bears have reached a “stalemate” with the city of Arlington Heights over tax issues — meaning plans for a new stadium on the grounds have stalled.
Subsequently, the city of Chicago, Aurora, Naperville, Richton Park, and Waukegan have all attempted to woo the Bears.
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