The White Sox announced on Wednesday they have signed a 13-year naming rights deal with Guaranteed Rate for their home ballpark, which will be known as Guaranteed Rate Field beginning on Nov. 1, 2016.
The Illinois Sports Facilities Authority approved the name change in a meeting on Wednesday.
"We are pleased to find, in Guaranteed Rate, a new naming rights partner founded in Chicago by Chicagoans, which shares our commitment to the city and to our fans," White Sox chairman Jerry Reinsdorf said. "We view this partnership as an opportunity to connect a successful Chicago business with a historic baseball franchise, and we look forward to growing this important relationship over the coming years as millions of fans enjoy White Sox baseball at Guaranteed Rate Field.