On March 16, 1900 — At an American League meeting in Chicago, Ban Johnson announces that an A.L. team will be placed in the Windy City to ensure the stability of the league. Other franchises are in Kansas City, Minneapolis, Milwaukee, Indianapolis, Detroit, Cleveland, and Buffalo. In an agreement with Chicago National League officials, the A.L. club will be situated on the south side of the city and will be permitted to use the nickname Chicago White Stockings, formerly used by the N.L. team. However, the White Stockings will not be able to use the word Chicago in their official name. The new franchise, known as the White Sox, will be the 1901 A.L. champion in the junior circuit’s inaugural season as a major league.

Sources –
Baseball Reference March 16
SABR Games Project
National Pastime March 16
Retro Sheet
Replay The Game

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