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The name change from U.S. Cellular Field was approved beforehand during a board meeting involving the team.

Chicago White Sox fans will have a new corporate name attached to their home stadium next season, as the team has sold naming rights for their ballpark to Guaranteed Rate, the team announced Wednesday.

The stadium, currently known as U.S. Cellular Field, will become Guaranteed Rate Field on Nov. 1 as part of a new 13-year contract that the White Sox signed with the mortgage company, according to a statement released by the club.

“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,” chairman Jerry Reinsdorf said in the statement.

READ MORE: NBCChicago.com

Article Courtesy of WMAQ-TV Chicago

Picture Courtesy of Getty Images

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