US EditionTampa Bay Rays In Exclusive Talks To Sell Club To Group Led By Florida Home Builder
- The Tampa Bay Rays have begun exclusive negotiations with an investor group led by Patrick Zalupski regarding the potential transfer of ownership of the Major League Baseball team in 2025.
- These discussions follow the team backing out of a stalled March 2025 stadium deal in St. Petersburg and increased pressure on owner Stu Sternberg to sell.
- The group interested in purchasing the Rays is led by Patrick Zalupski, who serves as the founder and chief executive of Dream Finders Homes, and includes notable local investors Bill Cosgrove and Ken Babby.
- The Rays were valued at $1.35 billion, and reports estimate the potential sale price around $1.7 billion, with Zalupski having signed a letter of intent.
- While the Rays play 2025 home games at Tampa's Steinbrenner Field due to Tropicana Field damage, this sale and stadium uncertainty leave the team's long-term future unclear.
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39 Articles
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Total News Sources39
Leaning Left9Leaning Right2Center20Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 29%
C 65%
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