Rays will host games at Steinbrenner Field
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Stu Sternberg to sell Tampa Bay Rays for $1.7 billion
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It looks like Tampa Bay Rays fans will have plenty more years to cheer on the team as new ownership appears to be around the corner. According to a report from The Athletic, the Rays will be sold to a group led by Jacksonville,
A Jacksonville group led by billionaire Patrick Zalupski have agreed to buy the Rays for an estimated price of $1.7 billion, according to The Athletic. The deal is expected to be finalized by September after negotiations took place over the past weeks. The Rays' principal owner, Stu Sternberg, bought the franchise in 2004 for $200 million.
The Tampa Bay Rays might finally live up to their namesake. A group led by Jacksonville developer Patrick Zalupski is expected to buy the franchise for a reported $1.7 billion as early as September, and it wants to move the team from St. Petersburg to Tampa, according to The Athletic.
The team has agreed to a deal in principle with Jacksonville developer Patrick Zalupski for roughly $1.7 billion.
If the All-Star break had come at the season’s exact midpoint, things would look quite a bit different for the Rays right now. After 81 games, the Rays were 46-35. They were a half-game behind the Yankees in the American League East standings.
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