• Loading stock data...
Thursday, January 15, 2026

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

May 30, 2024; Atlanta, Georgia, USA; A detailed view of a Washington Nationals hat and glove on the bench against the Atlanta Braves in the ninth inning at Truist Park.

Nats Are Latest Team to Join MLB Media Umbrella

The MLB club is departing the Orioles-controlled MASN after 21 years.

Fanatics Is Already in Apparel, Collectibles, Betting—Now It’s a Content Studio

The merchandising giant is pushing into a new business vertical again.
Sep 24, 2025; Toronto, Ontario, CAN; Boston Red Sox third baseman Alex Bregman (2) hits a single against the Toronto Blue Jays in the first inning at Rogers Centre.

Cubs Land Bregman Prize While Red Sox Questions Mount

The veteran third baseman leaves Boston after just one season.
Batbox

Bowling’s Blueprint Is Powering the New Social Gaming Boom

New venues are fusing sports, entertainment, and good food.

Featured Today

Black Rabbit

The Netflix Star Who Makes Sure NBA Players Have Clean Towels

How a Nets staffer landed a breakout role on “Black Rabbit.”
January 9, 2026

NHL Ditched Its Dress Code. Hockey’s Fashion Era Arrived Quickly

With no dress code, impeccably dressed players are seeing big-money deals.
January 6, 2026

Hockey in Florida Was Once a Risk. Now It’s Thriving

The state of Florida has become a traditional—and highly lucrative—market.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena
January 4, 2026

Why Pro Sports Team Valuations Will Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.

Mike Tomlin Quits With Steelers at Crossroads After Playoff Loss

The NFL’s longest-tenured head coach abruptly walks away.
January 8, 2026

Panthers Embracing ‘Chaos’ As 8-Year NFL Playoff Drought Ends

Carolina has won its first division title since 2015.
Jan 5, 2026; New York, New York, USA; New York Rangers center Vincent Trocheck (16) celebrates his goal against Utah Mammoth goaltender Karel Vejmelka (70) with left wings Artemi Panarin (10) and Alexis Lafreniere (13) and center Mika Zibanejad (93) and defenseman Adam Fox (23) during the second period at Madison Square Garden.
January 8, 2026

NHL Deepens Ties to Polymarket, Kalshi As Other Leagues Stay Away

Its new Rangers deal comes after Kalshi broke the ice with the Blackhawks.
Sponsored

ESPN Edge Innovation Conference 2025: Inside the Technology Shaping the Future of..

At ESPN Edge Innovation Conference 2025, ESPN showcased how AI, immersive tech, and a rebuilt direct-to-consumer platform are redefining the future of sports media.
January 6, 2026

Ravens Fire John Harbaugh After 18 Seasons and Playoff Miss

The longtime coach was second in tenure in the league.
Sep 28, 2025; West Sacramento, California, USA; Athletics pitcher Elvis Alvarado (61) throws a pitch against the Kansas City Royals during the third inning at Sutter Health Park.
January 6, 2026

Why the A’s Hit a Legal Snag Trademarking Their Las Vegas Name

The team has been denied twice in attempts to register its new name.
January 5, 2026

Falcons End Rich McKay’s Football Role in Major Organizational Shift

Atlanta fired coach Raheem Morris and GM Terry Fontenot on Sunday.
Oct 7, 2024; Kansas City, Missouri, USA; NFL hall of fame Troy Aikman prior to a game between the New Orleans Saints and the Kansas City Chiefs at GEHA Field at Arrowhead Stadium.
January 2, 2026

ESPN Says It Has No Issue With Aikman’s Dolphins Adviser Gig

“His schedule remains unchanged,” an ESPN spokesman tells FOS.