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Rays Relocation Rumors Dead After $2.3 Billion Stadium Announcement

Rays Relocation Rumors Dead After $2.3 Billion Stadium Announcement

Summary

The Tampa Bay Rays will build a new stadium in Tampa, with local government approval. The new ballpark is expected to open in 2029 and ends speculation that the team might move to another city.

Key Facts

  • The Hillsborough County Commission approved the new stadium plan on August 28.
  • The Tampa City Council approved their part of the deal on August 27.
  • The stadium will be near Hillsborough College in Tampa.
  • The total cost of the project is $2.3 billion.
  • Tampa will provide about $80 million for public infrastructure.
  • The Rays will contribute approximately $1.37 billion and cover any extra construction costs.
  • Hillsborough County will contribute $796 million from various funds, including tax bonds and federal aid.
  • The new stadium will replace Tropicana Field in St. Petersburg, where the Rays currently play.
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