"It was reported last month that the club had signed a non-binding memorandum of understanding with the board of trustees at Hillsborough College as the club pursues the college's Dale Mabry campus. Some more details on the potential next steps were discussed this week, as covered in columns at the Tampa Bay Times by Marc Topkin, Nicolas Villamil, and Nina Moske,"
"With the request for funding, there's an implied threat of relocation if it doesn't get done. "You know Orlando wants this," DeSantis said this week. MLB commissioner Rob Manfred was less direct but also seemed to stress the urgency of the situation. "It's time to call the question here," Manfred said. "There are alternatives in Florida," he added. "We're at a point in the history of the club that something needs to get done.""
"The club plans a mixed-use development of 113 acres, including a stadium but also other real estate elements, with comparisons to The Battery in Atlanta. The sticker price is apparently about $2.3 billion, with the club willing to cover about half, while asking for public funding to cover the other half. The club would be on the hook for overruns, repairs and maintenance. That sticker price is just for the ballpark."
New ownership of the Tampa Bay Rays is prioritizing construction of a new stadium and a 113-acre mixed-use development on Hillsborough College's Dale Mabry campus. The plan includes a stadium and additional real estate modeled after developments like The Battery in Atlanta. The ballpark alone is estimated at $2.3 billion, with the club offering about half and requesting public funds for the remainder; the team would cover cost overruns and ongoing repairs and maintenance. The franchise plans to invest $8–10 billion in surrounding mixed-use development. State and MLB officials signaled urgency and noted alternative Florida markets, implying relocation if funding is not secured.
Read at MLB Trade Rumors
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