The Chicago Fire will pay $65.5 million to amend its lease at SeatGeek Stadium in Bridgeview, Ill., the team announced Tuesday.
The Fire had a stadium lease in Bridgeview, a suburb southwest of Chicago, through the 2036 season. The Chicago Tribune wrote that the team is interested in returning to Chicago's Soldier Field, where it played home matches from 1998 to 2001 and from 2003 through part of the 2006 season before the move to Bridgeview.
"Today marks the next chapter in the growth of the club and the opportunity to play for more fans than ever in one of the world's great cities," Fire majority owner and chairman Andrew Hauptman said in a statement.
The Fire will pay Bridgeview $10 million upfront, as well as $5 million to upgrade existing soccer facilities around SeatGeek Stadium. The rest of the $50.5 million will be paid out through 2036. While the Fire won't play home matches there starting next season, the team will train in Bridgeview and base its youth academy there.
"SeatGeek Stadium will now have year-round availability for consistent high-revenue generating entertainment events for years to come," Bridgeview mayor Steven Landek said in a statement.
"Additionally, the expanded recreation venue will create even more growth opportunities for the village. I'm extremely excited about the benefits this agreement will bring to our community and for the future of a sports team that all of us in Bridgeview and the region have come to love."