The Rays organization is saddened and stunned by this unfortunate turn of events, noting that the previously approved project cannot proceed due to political delays in bond approvals.
A 2029 ballpark delivery would result in significantly higher costs that we are not able to absorb alone, highlighting the financial strain from delays.
The tumultuous series of events came after Hurricane Milton ripped the roof off Tropicana Field, forcing the team to search for temporary accommodations.
Rays Principal Owner Stuart Sternberg stated that the outlook for Major League Baseball in the Tampa Bay area is "less rosy than it was three weeks ago."
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