Chicago White Sox stadium gets new name after worst season in MLB history

The Chicago White Sox's home is getting a new name for 2025, something of a fresh start for a team coming off the worst season in Major League Baseball history.

Formerly known as Guaranteed Rate Field, the ballpark will follow the financial company's recent rebranding and now will be named Rate Field.

The sponsorship began in 2016 with a 13-year naming rights deal for the ballpark on Chicago's South Side.

The stadium opened in 1991 as Comiskey Park II and then went by U.S. Cellular Field from 2003-16. Owner Jerry Reinsdorf has proposed a new stadium for the team and wants $1 billion from the state of Illinois but Gov. J.B. Pritzker is "really reluctant" to commit state money to a stadium and has thrown cold water on the notion.

MLB STADIUM RANKINGS: Baseball travelers' favorite ballparks from first to worst

Reinsdorf met with Nashville's mayor in 2023 and hinted at relocation. During the 1980s, Reinsdorf used the threat of the team leaving Chicago (for St. Petersburg, Florida) to secure the funds for the present-day ballpark.

The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This article originally appeared on USA TODAY: White Sox stadium new name: Guaranteed Rate Field is no more