Wrigley Field is a Major League Baseball stadium on the North Side of Chicago, Illinois. It is the home of the Chicago Cubs, one of the city's two MLB franchises. It first opened in 1914 as Weeghman Park for Charles Weeghman's Chicago Whales of the Federal League, which folded after the 1915 baseball season. The Cubs played their first home game at the park on April 20, 1916, defeating the Cincinnati Reds 7–6 in 11 innings. Chewing gum magnate William Wrigley Jr. of the Wrigley Company acquired the Cubs in 1921. It was named Cubs Park from 1920 to 1926, before being renamed Wrigley Field in 1927. The stadium currently seats 41,649 people and is the second stadium to be named Wrigley Field, as a Los Angeles ballpark with the same name.