At the end of World War II, the city of Lincoln decided to build a new baseball stadium. The city secured a franchise in the reestablished class "A" Western League and they needed a proper facility to host the team. After some debate it was decided to build the stadium at First and South street. The newspaper hosted a name that stadium contest and it was decided to name the stadium after Cy Sherman, a longtime Lincoln sportswriter and official in the old Western League.

Construction started in late 1946. The roof and the lights were built in early April of 1947 and the stadium was ready enough for the first home games in May.

The field is currently used for American Legion and high school games. Huskers practice there as shown here by Roundus. In its current configuration Sherman field is 330 ft. down the lines, 380 ft. to center and 360 ft. in the power alleys.