The Chicago White Sox are reportedly in "serious" discussions with a developer regarding the possibility of constructing a new stadium in Chicago's South Loop. According to a report from the Chicago Sun-Times, the team's current lease at Guaranteed Rate Field will run through the 2029 season.

Both the White Sox owner, Jerry Reinsdorf, and Chicago Mayor Brandon Johnson released a joint statement, highlighting their commitment to a historic partnership and the team's plans to remain competitive in Chicago indefinitely. However, neither party provided further comments to the Sun-Times.

The current stadium, originally known as Comiskey Park and later as U.S. Cellular Field, opened in 1991 and underwent several renovations over the years. These renovations aimed to improve various aspects of the facility, including adding new HD video boards, modifying seating capacity, upgrading the concourse, expanding concession areas, and even installing a new metro station nearby.

The speculation surrounding a potential new stadium for the White Sox began in August. Scott Reifert, the team's vice president of communications, confirmed that discussions would likely occur in the coming years with the city, the Illinois Sports Facilities Authority (ISFA), and the state. However, Frank Bilecki, CEO of ISFA, revealed that they have not yet been involved in the talks.

There is a possibility that the White Sox could share a portion of the proposed 62-acre site with the University of Illinois, as plans are already underway to construct a tech research center on this land. The Sun-Times report provides details about how the site could be divided between the White Sox and the university, as well as how public transit options could connect to the location, including the potential use of a water taxi service due to its proximity to the river.

The potential construction of a new stadium for the White Sox may also have implications for other professional sports teams in Chicago. It is suggested that Major League Soccer's Chicago Fire, who currently share Soldier Field with the NFL's Bears, could potentially move to Guaranteed Rate Field if the White Sox build a new home at The 78. The Fire's lease at Soldier Field will last for another two years, with the possibility of a five-year extension. Meanwhile, the Bears have been exploring new stadium options elsewhere.

As discussions progress, both the White Sox and the city of Chicago will need to consider the financial and logistical challenges of constructing a new stadium. The potential move could not only revitalize the team's home turf but also reshape the sports landscape in the city.