• Loading stock data...
Wednesday, November 12, 2025

Rays Stadium Deal Collapse Sparks Uncertainty: What’s Next for Team?

There are no easy answers for the Rays after the club said it will walk away from a deal to build a $1.3 billion ballpark. 

Kim Klement Neitzel-Imagn Images

The fallout of the Rays’ decision to walk away from the deal to build a $1.3 billion stadium contains many more questions than answers, and plenty of tough choices ahead for the MLB club, the league, and Tampa-area political leaders. 

Foremost among those questions following the collapse of the ballpark deal is what happens to the Rays. There are several primary potential paths for the club, each of them riddled with complications. Here are the leading options.

A New Stadium Deal in Tampa Area

The Rays suggested a desire to construct a revised pact that “serves the best interests” of all involved. MLB, similarly, said in a statement that commissioner Rob Manfred “will continue to work with elected officials, community leaders, and Rays officials to secure the club’s future in the Tampa Bay region.” The league has long been reluctant to give up on a growing locale that has become the No. 11 U.S. media market in Nielsen rankings. 

There’s immediate resistance to a new stadium pact, however, from local leaders, who in multiple cases likened the split with the Rays to exiting a bad marriage. “Why would I go back to the same [ownership] group and trust them this time?” said St. Petersburg (Fla.) Mayor Ken Welch. “That bridge has been burned.” Other area leaders such as Tampa Mayor Jane Castor struck a cautious tone, and she said any new ballpark proposal in that city “has to make sense for our taxpayers and community.”

Sell the Team

There’s already growing pressure for Rays owner Stu Sternberg to do exactly that, with some within MLB growing more frustrated with the ongoing delays and drama. Welch, for his part, said he would restart the stadium talks with a different owner. “If there’s a new ownership group, I’m perfectly willing to have those conversations,” he said.

The Rays, though considering potential sales of minority club positions, insist they are not parting with a controlling stake.

“The team’s not for sale,” Rays president Matt Silverman said on WDAE-FM. “I think Stu gets a bad rap, because he is the only guy for the last 20 years who has defended Tampa Bay, who has stood up for this market, who says we need to figure something out here.”

Those sentiments haven’t stopped a growing collection of prospective bidding groups from forming and publicly expressing their interest in buying the Rays.  

Relocate: Orlando? Nashville?

There have been only two MLB club relocations since 1971: the Expos moving from Montreal to Washington in late 2004 to become the Nationals, and the ongoing, two-stage shift of the A’s from Oakland to Sacramento and ultimately Las Vegas.  

An Orlando-based group, the Dreamers, has quietly sought an MLB club for several years but are amplifying their pitch for the Rays to move by just about 100 miles. The group announced Friday it has private commitments of more than $1 billion toward a $1.7 billion domed ballpark. Baseball Hall of Famer Barry Larkin recently joined the Orlando effort as an ambassador.

Numerous other cities such as Nashville, Salt Lake City, Raleigh, Montreal, and Charlotte have either made formal pitches for an MLB club or have been discussed as potential market candidates. A club relocation, however, could complicate long-term league expansion plans, and outside of Orlando, would also likely require a sizable recalibration of MLB’s territorial map and local media footprint—an issue that complicated the Nationals’ situation for 20 years.

Do Nothing

The Rays will play this season at George M. Steinbrenner Field in Tampa, the spring training home of the Yankees, and want to return to hurricane-damaged Tropicana Field in 2026. It’s not yet certain, however, whether that repair timetable is possible. Even if it is, the team’s lease there expires after the 2027 season. 

Striking even a short-term extension for additional seasons at the city-owned Tropicana Field is problematic. Without an ownership change, St. Petersburg could be reluctant to approve another lease deal, and regardless of who owns the club, the revenue-generating ability of the facility is limited at best. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Pirates GM Rebuffs Paul Skenes Trade Talk As Frustrations Mount

Pirates GM Ben Cherington again dismisses consideration of trading the ace.

DePodesta on Move From Browns to Rockies: ‘A Sucker for a Challenge’

The newly hired executive said he will have autonomy to make changes.
Jun 11, 2025; Cleveland, Ohio, USA; Cleveland Guardians relief pitcher Emmanuel Clase (48) throws a pitch during the ninth inning against the Cincinnati Reds at Progressive Field.

MLB Caps Pitch-Level Prop Bets at $200 After Guardians Indictments

Pitch-level prop bets are capped at $200 and excluded from parlays.
Ortiz

What Happens Next With Guardians’ Contracts After Federal Charges?

The future is murky for Emmanuel Clase and Luis Ortiz.

Featured Today

TUCSON, ARIZ. -- Resurfacing and painting of the new floor at McKale Center.

The Business of College Basketball’s Signature Courts

Signature floors are a creative—and increasingly expensive—corner of college sports.
Aug 6, 2025; Sandy, UT, USA; Queretaro defender Edson Partida (22) watches the ball during the second half of the game against Real Salt Lake at America First Field
November 8, 2025

Mexican Soccer Is the Next Frontier for American Investors

Liga MX is an appealing proposition with big potential upside.
G League
November 6, 2025

Is College Basketball About to Raid the G League?

Two G Leaguers have gone back to college. More could follow.
Oct 11, 2025; University Park, Pennsylvania, USA; Penn State Nittany Lions head coach James Franklin stands on the field following the game against the Northwestern Wildcats at Beaver Stadium
November 1, 2025

College Football’s Coach Buyout Bonanza: All Your Questions Answered

Schools owe their fired coaches millions in buyouts—and it isn’t over.
Cuban

What Does Nico Harrison’s Firing Mean for Mark Cuban?

Cuban was out of the loop when Dončić got traded in February.
Nov 10, 2025; Dallas, Texas, USA; Dallas Mavericks forward Cooper Flagg (32) celebrates with Dallas Mavericks guard Max Christie (00) during the first quarter against the Milwaukee Bucks at American Airlines Center.
November 12, 2025

Nico Harrison’s Exit Doesn’t Clean Up Mavericks Mess

The Mavericks are at a crossroads with their current roster.
November 12, 2025

Mavs Owner Patrick Dumont Vows to Fix the Mess He Helped Create

Dumont sent an open letter to fans after Nico Harrison was fired.
Sponsored

How HOKA is Reimagining the NIL Relationship

On Location is redefining the Olympic experience by creating lasting connections beyond the Games.
Oct 12, 2025; Tottenham, United Kingdom; The Golden Cockerel at Tottenham Hotspur Stadium during an NFL International Series game.
November 11, 2025

Tottenham Insists It’s Not for Sale As Buyers Circle

“Everyone knows damn well they’re for sale,” one source tells FOS.
Nico Harrison
November 11, 2025

Mavericks Fire GM Nico Harrison Months After Dončić Trade

The Mavericks plan to fire Harrison Tuesday morning.
November 10, 2025

Brian Daboll Fired As Giants Carousel Spins: Eye 5th Coach in 10..

New York is 2–8 this season following Sunday’s loss to the Bears.
Nov 2, 2025; Paradise, Nevada, USA; Jacksonville Jaguars quarterback Trevor Lawrence (16) scores a touchdown during the second half against the Las Vegas Raiders at Allegiant Stadium.
November 7, 2025

Jaguars Choose Orlando for 2027 Home Games: Report

EverBank Stadium in Jacksonville will be closed for renovations.