Saturday, June 27, 2026

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 The council also approved and then later rescinded its approval of $23.7 million in appropriations for repairs to the Tropicana Field roof, which suffered major damage last month from Hurricane Milton and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.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 24, 2026; New York City, New York, USA; Norway national soccer team fans show support accompanied by Mr. and Mrs. Met during the MLB game between the New York Mets and the Chicago Cubs at Citi Field.

World Cup Fans Are Taking Over MLB Stadiums

About 8,000 Scottish fans attended the Marlins game Monday night.
Feb 24, 2026; Tempe, Arizona, USA; Los Angeles Angels A general view of the MLB logo and first base during the first inning of a spring training game between the San Francisco Giants and Los Angeles Angels at Tempe Diablo Stadium. Mandatory Credit: Allan Henry-Imagn Images

MLBPA: Owners’ Aggressive Labor Proposals Unite Players

The union has decried the perceived attack on “player choice.”

MLB Owners Escalate Labor Fight With New Contract Proposal

MLB team owners make another radical labor proposal.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Tracy McGrady on Buying ABCD Camp, Investing in the Bills & More.

0:00

Featured Today

June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.
June 18, 2026

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.
June 15, 2026

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Apr 2, 2026; Portland, Oregon, USA; Tom Dundon, owner of the Portland Trail Blazers, visits with fans after a game against the New Orleans Pelicans at Moda Center.

Dundon: Taxpayers Should Foot the Bill for Portland Arena Makeover

The NBA team owner pushed back on private financing for the arena renovation.
June 15, 2026

Dallas Stars ‘Getting Married’ to Plano With $3B Arena Move

The NHL team sees its forthcoming home city as a regional hub.
June 24, 2026

Portland Arena Standoff Revives Fears Over Trail Blazers Future

Portland’s mayor and city council spar over helping fund arena renovations.
Sponsored

How Daktronics Is Reshaping the Modern MLB Ballpark Experience

The technology powering baseball’s next chapter.
June 5, 2026

Bears Taking New $5B Stadium Plans Across State Line to Indiana

The decision arrived just four days after political inaction by Illinois leaders.
June 3, 2026

Stars Arena Move Deepens Downtown Dallas Sports Exodus

Both the Stars and Mavericks are seeking to build new arenas.
June 1, 2026

Indiana’s Bears Stadium Bid Gets More Real After Illinois Misses Chance

Recriminations rise as Illinois leaders fail to ratify a Bears stadium bill.
June 1, 2026

Illinois’ Last-Minute Push for $5B Bears Stadium Runs Out of Time

The state Senate approved a dramatically reworked stadium bill.