Rays Move Forward in New Stadium Search
The Tampa Bay Rays are actively searching for a new stadium as part of their ongoing development plans under new ownership. Recently, the team signed a non-binding memorandum of understanding with Hillsborough College to explore options on the college’s Dale Mabry campus.
Details of the Proposed Stadium Development
In the latest discussions, the Rays unveiled renderings of a mixed-use development on 113 acres. This plan includes not only a new stadium but other real estate projects, drawing comparisons to Atlanta’s The Battery. The estimated cost for the stadium alone is approximately $2.3 billion, with the Rays willing to cover half of that amount while seeking public funding for the remainder.
- Stadium cost: $2.3 billion
- Rays’ investment: $8 to $10 billion for mixed-use area
- Development size: 113 acres
Governor’s Statements and Potential Relocation Threats
Florida Governor Ron DeSantis indicated that land would be transferred to Hillsborough College to facilitate negotiations. He also hinted at the possibility of relocation if a funding agreement is not reached, emphasizing that cities like Orlando are interested in the team.
Major League Baseball Commissioner Rob Manfred echoed the urgency of addressing the stadium situation. With players and fans alike watching closely, the stakes are high. If funding does not materialize, the Rays may consider alternative locations.
A Complicated History
The search for a new stadium is not a new issue for the Rays. Former owner Stu Sternberg explored options in both Tampa and St. Petersburg, where the team currently plays at Tropicana Field. Past negotiations for a new stadium site in St. Petersburg fell through due to disagreements and escalating costs.
Hurricane damage to Tropicana Field in late 2024 compounded the team’s challenges. After discussions with local government leaders turned contentious, Sternberg sold the team to a group led by Patrick Zalupski. With an impending deadline for their lease, the new ownership needs to act quickly.
- Current home: Tropicana Field, St. Petersburg
- Lease expiration: 2028
- Significant repairs needed: Post-hurricane damage
Concerns Over Public Funding
The Tampa City Council has shown reluctance toward using city funds for the stadium project. Recent discussions revealed that Hillsborough County commissioners are also wary about funding sports stadiums with taxpayer money. Commissioner Joshua Wostal expressed reservations about the use of Community Investment Tax funds for this purpose.
Nevertheless, there have been proposals to explore various funding sources, including a tourist tax on temporary rentals and hotel stays, as well as infrastructure bonds through a community development district. These funding alternatives are crucial to advancing negotiations with the Rays.
The Future of the Rays
The ongoing developments in Central Florida are significant not just for the Rays, but for the future of Major League Baseball. Commissioner Manfred has expressed interest in expanding the league from 30 to 32 teams, contingent upon resolving the stadium situations for both the A’s and the Rays.
As negotiations proceed, the memorandum of understanding allows for an exclusive 180-day window for Hillsborough College and the Rays to finalize discussions. The outcome will be pivotal for the franchise’s future in Florida.
