US EditionGroup Led by Jacksonville-Based Billionaire Patrick Zalupski Gets OK From MLB to Purchase Tampa Bay Rays: Report
Patrick Zalupski’s group received unanimous approval to buy the Tampa Bay Rays for $1.7 billion, aiming to resolve stadium issues after previous plans failed.
- On Monday, Major League Baseball owners unanimously approved the $1.7 billion sale of the Tampa Bay Rays to a group led by Jacksonville real estate developer Patrick Zalupski.
- The team began talks in June about a potential sale, with Stuart Sternberg, current principal owner since October 2005, having bought the team for roughly $200 million; last week, Matt Silverman and Brian Auld stepped down.
- This season the Rays played home games at George M. Steinbrenner Field after a hurricane damaged Tropicana Field's roof, with the Trop expected ready for the 2026 season.
- The purchase is expected to close later this week, with Patrick Zalupski obtaining the Rays from Stuart Sternberg who will retain a minority stake, pending Federal Trade Commission approval.
- Zalupski's first major order of business will be landing a stadium agreement after the Rays withdrew earlier this year from a $1.3 billion project, with sites like Dale Mabry and Ybor City under consideration.
28 Articles
28 Articles
MLB approves Rays sale; fans say 'they won't go wrong' if they build stadium in St. Pete
ST. PETERSBURG, Fla. (WFLA) — The Rays officially have new owners. Major League Baseball unanimously approved the sale of the team Monday. Over the weekend, the Rays honored former owner Stuart Sternberg. He's been with the team for 20 years. The new ownership is faced with a task that's been historically challenging: finding a new home for the team. MLB owners approve sale of Tampa Bay Rays to group headed by Patrick Zalupski "I think Tam…
Marietta Daily Journal
Report: MLB approves Rays’ sale to group led by Patrick Zalupski
Major League Baseball owners unanimously approved the sale of the Tampa Bay Rays to Jacksonville residential developer Patrick Zalupski, the Tampa Bay Times reported Monday.
Group led by Jacksonville-based billionaire Patrick Zalupski gets OK from MLB to purchase Tampa Bay Rays: report
A Jacksonville-based billionaire has been given the green light to move forward with the purchase of the Tampa Bay Rays, according to the Tampa Bay Times. On Monday, MLB Commissioner Rob Manfred told the news outlet that a group led by Dream Finders Homes CEO Patrick Zalupski was unanimously approved by team owners to purchase the Rays for about $1.7 billion.
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