• Loading stock data...
Sunday, January 5, 2025

Rays Fire Back at County As $1.3B Stadium Deal Hangs in the Balance

An already difficult situation surrounding the Rays’ planned stadium development has now become a standoff with public officials. 

Rays
Nathan Ray Seebeck-Imagn Images

The Rays’ fractious stadium situation has reached something of a stalemate, with the team responding to recent county demands by pointing a finger right back at the public officials. 

Four days after Pinellas County, Fla., county commission chair Kathleen Peters called on the Rays to make a clear statement on their intentions for a $1.3 billion stadium in St. Petersburg, the club reiterated its claim that the city and county have failed to meet their responsibilities. 

“When it comes to honoring the spirit of the new ballpark agreements, it is Pinellas County, not the Rays, that falls short,” team co-president Matt Silverman wrote in a response letter to Peters. 

Silverman’s comments are the latest turn in a stadium development that once seemed sure but is now anything but as the Tampa area continues to grapple with the devastating effects of Hurricane Milton. Both the county and city of St. Petersburg delayed votes last month to approve bonding that would combine to cover nearly half of the stadium cost. 

Both jurisdictions are likely to revisit the issue in the coming weeks, but an altered county commission membership has brought new skepticism to the public funding for the ballpark. Already, the Rays have said a 2028 target date to complete the new stadium has been missed because of the recent public-sector actions and introduced additional costs that the team is responsible for and says it cannot afford.

“The Rays have always made it clear that the viability of the project depended on having certainty about the project’s approval and funding prior to the 2024 November elections,” Silverman wrote. “We would not have gone forward with the project if a future Pinellas County Commission had the ability to revoke the approval we all celebrated in July, or to unilaterally delay the project’s completion into 2029.”

Will Anybody Blink?

As the standoff continues, neither side appears willing to be the one to formally cut short the ballpark project, the centerpiece of a larger, $6.5 billion redevelopment of St. Petersburg’s Historic Gas Plant District. Additionally at issue is the ownership of the 65 acres of public land in question. If the stadium deal dies and the Rays aren’t issuing the official termination, it’s expected that the club will still control the property. 

“While publicly the Rays organization has said ‘the deal is dead,’ their written statement is in contrast,” Peters said after receiving Silverman’s letter. “Despite the Rays’ lack of political prowess of late, I’ve always been optimistic about this project because of the great economic impact it would bring to our county.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The NFL Had 70 of Top 100 Live TV Events in 2024,..

The league again claims the vast majority of most-watched events.

NFL Coaches, GMs Brace for Black Monday As Regular Season Concludes

There are already three head coaching vacancies from in-season firings.

Browns Land Buy Fuels Stadium Plan As Cleveland Pushes Back

The NFL team executes a clause to purchase 176 acres of land.

RSN Owner DSG Emerges From Bankruptcy With New Name and Plan

The regional sports network operator completes its bankruptcy reorganization.

Featured Today

Ohio State wide receiver Jeremiah Smith (4) celebrates a first-down catch against Oregon during the 2025 Rose Bowl in Pasadena, Calif.

The Biggest Changes to College Sports Are Coming in 2025

Sweeping developments could affect the college sports foundation this year.
Dec 31, 2024; Chicago, Illinois, USA; Chicago Blackhawks center Connor Bedard (98) walks out to the rink before the Winter Classic against the St. Louis Blues at Wrigley Field
January 1, 2025

Glitzy NHL New Year’s Eve Winter Classic Showcased Connor Bedard’s Star Power

The business of Bedard—on full display—is crucial for the NHL.
Pop-Tarts bowl tropfy
December 27, 2024

‘I Want to Play in That Game’: How the Pop-Tarts Bowl Went..

The bowl has players saying, “I want to play in that game.”
NHL Winter Classic 2024
December 26, 2024

NHL, TNT Pinning High Hopes on First New Year’s Eve Winter Classic

Can the dream setting of Wrigley Field lift flagging viewership?

Cleveland vs. the Browns: How ‘Modell Law’ Could Keep Team in City

The city invokes local law while seeking to halt the team’s relocation.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.
December 21, 2024

RFK Stadium Bill Passes in Overnight Stunner

In a 1:15 a.m. vote, all 100 senators voted yes.
Mercedes-Benz Stadium
December 23, 2024

Falcons Stadium Transactions Up 30% Since Huge Food Price Cut

The team set famously low food prices at its stadium in 2017.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Dec 17, 2024; Washington, DC, USA; Speaker of the House Mike Johnson (R-LA) alongside Steve Scalise (R-LA), left and Tom Emmer (R-MN), right, during a press conference on Tuesday, Dec. 17 on Capitol Hill in Washington.
December 20, 2024

Spending Bill Fiasco Keeps RFK Stadium Bill Hopes Alive

NFL pressure could be “best hope” to revive RFK Stadium bill.
Boston mayor Michelle Wu
December 19, 2024

Boston Mayor Defends NWSL Stadium Renovation Going $100 Million Over Budget

Costs to renovate the 75-year-old stadium have roughly doubled.
December 19, 2024

Philadelphia Approves $1.55B Sixers Arena Despite Demonstrators

Despite protestor disruptions, Philadelphia’s city council approves the controversial project. 
December 19, 2024

Mavericks CEO Hire Makes Adelsons’ Arena Ambitions Clear

The NBA team pulls a legendary executive out of retirement.