Wednesday, June 24, 2026

St. Pete Approves $1.3 Billion Rays Stadium, Ending Relocation Rumors

  • St. Petersburg’s city council formally approves the MLB club’s $1.3 billion stadium plan.
  • Team owner Stu Sternberg acknowledges prior ‘missteps’ but reaffirms his commitment to the market.
Tampa Bay Rays
Tampa Bay Rays

Nearly a generation of uncertainty surrounding the Rays and their status in the Tampa Bay market is now definitively ending as the St. Petersburg, Fla., city council on Thursday approved the club’s proposed $1.3 billion stadium and mixed-use development.

By the same 5–3 margin as a preliminary vote last month, the council gave the green light to a new, domed Rays stadium near the club’s current and much-maligned facility, Tropicana Field. The Rays’ plan for the new ballpark calls for the club to pay $700 million plus cost overruns, with the public sector contributing the remaining $600 million. 

Most meaningfully, the stadium deal finally ends years of relocation rumors and talk centered on the team’s low attendance at Tropicana Field.

“It is my belief that we are in an incredibly unique moment in our city’s history that is unlikely to be replicated in any other way that will be meaningful to our community,” said city council member Brandi Gabbard, one of the “yes” votes.

The city council vote was to approve a dozen legally binding agreements overseeing the funding and construction of the stadium and surrounding development in St. Petersburg’s Historic Gas Plant District. The matter now moves to the Pinellas County Commission to approve $312.5 million in tourist tax dollars, but the vote in St. Petersburg represented the key hurdle in the process.

Keeping the Faith

Despite the long period of doubt surrounding the Rays’ situation, both the club and MLB remained stalwart advocates of the market. 

“We’ve made a number of missteps over the years. We dust ourselves off. We come back again,” said Rays owner Stu Sternberg. “Things change in life, things change around in markets, and they change around in baseball. But as we’ve always been clear: We wanted to be here, and we want to be here to stay.”

Among those missteps was a prior, widely criticized plan by the club to split its season with home games in St. Petersburg and Montreal, an effort the club ultimately abandoned. The Rays released updated renderings (above) late last month on the planned St. Petersburg stadium, and they hope to break ground early next year in advance of a projected 2028 facility opening.

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

Cardinals Shake Up Front Office in Long-Term Leadership Plan

Club owner Bill DeWitt Jr. begins to prepare the club for life without him.
Jay Williams ESPN NBA Draft
Exclusive

Jay Williams: Viral Draft Moment Was ‘Extremely Uncomfortable’

Williams’s draft co-hosts joked about his career-ending injury.
Mar 16, 2026; Dayton, OH, USA; Detailed view of the “NCAA” logo during the Howard Bison a practice session ahead of the first four of the men's 2026 NCAA Tournament at University of Dayton Arena.

Players Sue NCAA Over New Five-Year Eligibility Model

The players are suing after being excluded from the new policy.
June 12, 2026; Inglewood, California, U.S.; Christian Pulisic, Weston McKennie, Folarin Balogun and Malik Tillman of the U.S. celebrate their first goal, an own goal scored by Paraguay's Damian Bobadilla. Mandatory Credit: Kirby Lee-Imagn Images

USMNT World Cup Run Could Push Fox Ad Rates Past $2 Million

Fox was charging nearly $1 million for USMNT group-stage games.
podcast thumbnail mobile
Front Office Sports Today

6/24/26 – NBA Draft Recap, NFL Rejects Sorsby, PGA Tour Restructures, NHL Eyes Texas Expansion

0:00

Featured Today

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

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.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.

Portland Arena Standoff Revives Fears Over Trail Blazers Future

Portland’s mayor and city council spar over helping fund arena renovations.
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 15, 2026

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

The NHL team sees its forthcoming home city as a regional hub.
Sponsored

How Daktronics Is Reshaping the Modern MLB Ballpark Experience

The technology powering baseball’s next chapter.
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.
May 31, 2026

Bears $5B Domed Stadium Plan Hits Make-or-Break Day in Illinois

Political negotiations are going down to the final hours in Illinois.