Tampa owner Bay Rays Stay Sternberg is reportedly confronted with increased pressure to sell franchise from the Commissioner of MLB of Rob Manfred and other owners, they state Athletic.
MLB could even try to take away part of the revenue from the Rays’ revenue division to try to force sale, according to a report. The rays currently receive $ 60 million in revenue divisions. The reported reason for the pressure is associated with Sternberg with respect to giving up on a Stadium Agreement.
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A general view of the stadium before the game between Oakland athletics and Tampa Bay Rays on Tropicana Field. (Nathan Ray Seebeck-USA Sports today)
By the end of this month, Sternberg decided whether to continue with a new stadium agreement in the historic gas district in the center of St. Petersburg, Florida.
The rays have been trying to build a new stadium for 17 years, and the urgency to solve the problem has grown last fall after Hurricane Milton broke the roof of his current place Tropicana Field. The team should play its 2025. Home games in spring training of New York Yankees rivals.
View of the damaged roof of the Tropicana Field stadium, Major League Baseball’s Tampa Bay Rays, after Hurricane Milton made Landfall, at the center of St. Petersburg in Florida, October 10, 2024. (Reuters/Octavio Jones)
Rays and Sternberg previously planned to contribute $ 700 million to the new stadium. However, delayed vote of the county has led to retention under construction and therefore increased costs, so Sternberg does not believe that he and his team should cover subsequent costs.
The Pinellas district commission delayed the vote on its share of new stadium bonds in November, leaving the project in Limbo.
Potential candidates to buy air if Sternberg is pushed for sale includes former Yankees’ owner Joe Molloy.
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Tampa’s main owner Bay Rays Stuart Sternberg and manager Kevin Cash Watch watch the runners and catches held their first spring training training at Port Charlotte, Florida on February 12, 2025 at Charlotte Sports Park. Hurricane Milton ripped off the roof with a tropican Field Field Petersburg, Florida, where rays usually play their regular seasons. This year, they play their regular seasonal matches at the New York Yankees Spring training stadium, Steinbrenner Field, who has 11,000 people. (Thomas O’neill/Nurphoto)
Molloy confirmed his interest in Tamp Bay Times.
“Yes, I run a group of prominent investors based in Tampa Bay who are interested in the procurement of Rays Tampa Bay. We have collected an incredible team that shares our vision,” Molloy told the socket.
Tampa businessman Dan Doyle Jr. It is also part of the second group interested in rays, the report states.
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