• Loading stock data...
Saturday, December 13, 2025

Rays $1.3B Ballpark Plans Stalled by Bond Delays, Hurricane Fallout

A lengthy, and sometimes explosive, city council hearing ends with St. Petersburg, Fla., officials putting the issue of the Rays’ future on hold.

Will Vragovic/Tampa Bay Rays

The Rays have suffered yet another serious hit to their hopes of building a $1.3 billion ballpark and staying in the Tampa area, as the St. Petersburg (Fla.) City Council voted Thursday to delay issuing bonds funding part of the construction. But it’s the team itself that likely has rendered the largest amount of damage to the pursuit. 

The decision by a 5–2 margin puts on hold $287.5 million of bonds—nearly half of the planned public-sector contribution toward the new stadium. The council also approved and then later rescinded its approval of $23.7 million in appropriations for repairs to the Tropicana Field roof, which suffered major damage last month from Hurricane Milton and represents the largest and most critical part of an estimated $55.7 million bill for initial stadium restoration. 

The city vote on the bonds for the new ballpark closely followed and mirrored Tuesday’s move by the Pinellas County commission to delay for a second time its consideration to issue bonds supplying another $312.5 million toward the stadium. Like the county’s consideration, city leaders are grappling with using taxpayer funds for a new stadium during a time of extreme local need because of the storm.

“I need to know more. There’s too much that’s vague with our infrastructure needs,” said city council member Gina Driscoll. 

What About the Team?

Both the Tropicana Field roof repairs and the larger bond issue will be revisited at future city council hearings. But there is now a serious question of whether any of the body’s actions will ultimately matter. Rays co-president Brian Auld was called to speak multiple times by the officials, and he said the deal for the new ballpark as originally constructed is now “dead” after the county’s prior moves to delay their bond issuance. 

Additionally, he said the team harbors significant doubts about getting back into Tropicana Field for the 2026 season, and questioned the public-sector outlay for the repairs. Both situations, according to Auld, delay the Rays’ timetables and introduce additional costs they cannot bear. 

“Our intention was never to threaten. It was, in a straightforward way, to be the bearer of bad news,” said Auld, who addressed the council at their request and referenced a perceived heavy-handedness by the team in recent days. “I’m very sorry about the way this is coming across. I think it’s crucial that we all deal with the facts on the ground.”

City administrator Rob Gerdes says he now expects the Rays to send a termination letter, canceling the agreement for the new stadium entirely. 

The city’s decision to delay the bonds also perhaps became something of a foregone conclusion as a period of public comment that opened Thursday’s council meeting featured an extended series of local taxpayers questioning the need for taxpayer funds for the ballpark—particularly when St. Petersburg is still recovering from the serious damage levied by the hurricane. 

Interim Issues

While the broader questions surrounding the Rays continue, there has already been significant progress in addressing some of the most immediate hurricane damage to the city-owned Tropicana Field. In recent weeks, initial steps taken include removing the remaining stray pieces of the dome fabric, implementing temporary weatherproofing, cleaning up the field, and remediating some water damage inside the stadium. 

But whether that will be ultimately meaningless is yet to be determined. Following the county vote, MLB commissioner Rob Manfred urged patience with the situation and with the hurricane-battered Tampa region, saying, “It’s only fair to give the local governments an opportunity to figure out where they are.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLB Offseason Spending Heats Up With Trio of Big-Money Deals

A trio of deals this week is expected to loosen the market.
Visalia Rawhide played their home opener Tuesday, April 11, 2023 against the Rancho Cucamonga Quakes.

Marc Lasry’s PE Firm Steps Into Minor League Baseball

Avenue Sports Fund’s new entity, OnDeck, has acquired two MiLB teams.
Sep 20, 2025; Chicago, Illinois, USA; Chicago White Sox pitcher Yoendrys G—mez (94) delivers during the first inning against the San Diego Padres at Rate Field.

Winners and Losers in MLB Draft Lottery

The Southside Chicago club will get its first No. 1 pick since 1977.
Pete Alonso

David Rubenstein’s Orioles Finally Give Free Agent Huge Contract

Pete Alonso is leaving New York after seven seasons.

Featured Today

Dec 9, 2025; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) dribbles against Toronto Raptors guard Jamal Shead (23) during the first half at the 2025-26 NBA Emirates Cup at Scotiabank Arena

The Lucrative NBA Cup Is Here to Stay

The in-season tournament, launched in 2023, is turning into a staple.
The Los Angeles Chargers host executives from UCLA Health on Wednesday, August 7, 2024 at The Bolt in El Segundo, CA.
December 7, 2025

The Multibillion-Dollar Business of Pro Athlete Recovery

What started as ice baths has evolved into a multibillion-dollar industry.
Big League Wiffle Ball
November 29, 2025

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
November 24, 2025

How NBA Arena Experiences Went Ultra-Luxe

For the most connected guests, the game has become a secondary attraction.
View of the London logo on the field after an NFL International Series game between the Denver Broncos and the New York Jets at Tottenham Hotspur Stadium.

New NFL Surface Standards Will Apply to International Stadiums

The NFL played a record seven international regular-season games this year.
April 19, 2022; Austin, TX, USA; Tim Leiweke of the Oak View Group speaks at a ribbon cutting ceremony for the Moody Center, a multi-purpose arena that will be home to concerts and the UT basketball teams on Tuesday April 19, 2022.
December 4, 2025

Trump Pardons Ex-Oak View CEO Months After Bid-Rigging Indictment

Trump issued Leiweke’s pardon Tuesday.
December 4, 2025

Milan’s New Olympic Hockey Arena Is Behind Schedule and Too Short

Construction is delayed and the ice may not meet NHL size standards.
Sponsored

20 Years of Coastal Cool: How Johnnie-O Became a Force in Golf,..

A style movement powering one of the fastest-growing brands in sports and lifestyle.
December 3, 2025

Browns Clear Final Major Hurdle for New $2.4B Domed Stadium

The team’s settlement with Cleveland receives city council approval.
December 1, 2025

Cohen’s $8B Casino Dream Next to Citi Field Wins State Support

The long-planned casino project is recommended for license approval.
November 19, 2025

Cohen’s $8B Casino Clears Major Hurdle After USTA Dispute Resolved

A late-developing conflict with the neighboring U.S. Tennis Association is resolved.
November 17, 2025

Bears Are Stacking Up Wins on the Field While Stadium Plans Stalling

The team surprisingly leads one of the NFL’s toughest divisions.