The first park on Chicagos North Side, Wrigley Field cost $250,000 when it was built in 1914. Charlie Weeghman built the park to house his baseball team, the Chicago Federals (a.k.a. the Chi-Feds and, later, as the Whales) of the brand-new Federal League, which was challenging the established major leagues. The Federal League folded after only two years, so Weeghman, leading a ten man syndicate which included chewing gum magnate Willam Wrigley, Jr., purchased the Cubs of the National League. The team was moved from West Side
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