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Details and a June deadline emerge on $2.3B Tampa Bay Rays ballpark in Hillsborough

The team would cover at least $1.235 billion and any cost overruns, while the plan also calls for a 35-year lease and nearly 12,000 jobs.

Summary by Florida Politics
The Tampa Bay Rays are asking for over $1 billion in public money to build a new ballpark in Hillsborough County. They hope to have the stadium ready for the 2029 season in downtown Tampa. The Rays released details about a memorandum of understanding in Hillsborough County after the Tampa Bay Times reported on the draft agreement for the new ballpark plan. Rays CEO Ken Babby said that if the MOU is approved, working with local governments would …

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The Tampa Bay Rays have set in motion the final timeline for leaving St. Petersburg. After residing at Tropicana Field since 1998, the franchise on Thursday released a Memorandum of Understanding (MoU) detailing the construction of a state-of-the-art complex on the Hillsborough College campus. With a total cost of $2.3 billion, the project includes not only a modern stadium but also a mixed-use district that will be financed entirely by private …

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Spectrum News 13 broke the news in Orlando, United States on Thursday, April 9, 2026.
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