• Loading stock data...
Saturday, December 27, 2025

You Want Stadium Funding? Get Ready for Some Conditions

  • City council explores ideas to get return on public funding for a new Rays ballpark.
  • Effort showcases a rising scrutiny around use of taxpayer funds for pro facilities.
Kim Klement-USA TODAY Sports

The Tampa Bay Rays are not rebranding to become the St. Petersburg Rays, despite the wishes of some local politicians and business leaders. But there is a growing discussion in St. Petersburg about other ways to use a planned $1.3 billion ballpark, which the city will partially fund, to showcase the city, highlighting the delicate nature of public funding for sports facilities—even after the framework of an agreement is completed.

A hearing Thursday of the St. Petersburg city council focused in part on ideas designed to deliver a return on the $600 million in public money already pegged for the stadium project. Among them:

  • Alternate jerseys, featuring a St. Petersburg logo, that would be sold year-round.
  • Placement of St. Petersburg signs within the ballpark.
  • Input from city officials on the facility’s naming.
  • Additional emphasis on the St. Petersburg stadium location during Rays game broadcasts.

No final decisions on the various branding proposals have been made, but city council member Ed Montanari said “there’s a lot of value to us to have the [St. Petersburg] name incorporated in some way. I’m looking for a lot more of that.” The Rays are pushing to obtain all needed government approvals for the new ballpark by March in order to preserve a planned spring 2028 opening.

Scrutiny Outside of St. Pete

St. Petersburg is not the only locale where public funding for pro sports facilities is drawing greater scrutiny. All politics are said to be local, and Oklahoma City overwhelmingly approved $850 million in public funds for a new Thunder arena. But in many parts of the country, there remains growing unrest surrounding the use of taxpayer funds for proposed stadium projects, including in cities such as Alexandria, Va., Kansas City, and Phoenix

“You’re trying to bring a project that’s supposed to improve the economic quality of this town, with revenue projections and economic studies that are basically garbage,” said former Alexandria council member Andrew Macdonald, who is part of a new coalition formed in opposition to the proposed $2 billion project to build a new arena and mixed-use development for the Washington Wizards and Capitals. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mark Walter Offered a Stake in His WNBA Team. Billie Jean King..

“Getting involved with the Dodgers literally changed our lives,” Ilana Kloss says.
Feb 9, 2025; New Orleans, LA, USA; Philadelphia Eagles quarterback Jalen Hurts (left) and head coach Nick Sirianni celebrate with the Vince Lombardi Trophy after defeating the Kansas City Chiefs during Super Bowl LIX at Ceasars Superdome

From Record Super Bowl Ratings to WNBA CBA Talks: 2025 in Charts

Seven data visualizations that defined the business of sports in 2025.
Sep 7, 2025; Anaheim, California, USA; Athletics left fielder Tyler Soderstrom (21) is greeted by teammates after hitting a home run against the Los Angeles Angels during the seventh inning at Angel Stadium.

A’s $86 Million Soderstrom Contract Is the Richest in Team History

The team agreed to a seven-year, $86 million deal with Tyler Soderstrom.

3 Teams That Got Big Stadium Subsidies Before The Chiefs

Economists say teams, not taxpayers, win when stadiums are publicly funded.

Featured Today

Heated Rivalry (L to R) - Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander in Episode 104 of Heated Rivalry. Cr. Sabrina Lantos © 2025

Hockey Needed Some Virality. Then Came ‘Heated Rivalry’

No one was prepared for the Canadian show’s smash success.
Rob Manfred
exclusive
December 23, 2025

MLB Teams Fear League Will Pick Winners and Losers in Tech

One company under consideration was founded by a top MLB exec’s uncle.
December 23, 2025

What It Takes to Pull Off Florida’s First Outdoor NHL Game

The Rangers will face the Panthers in Miami’s first NHL Winter Classic.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Dec 14, 2025; Kansas City, Missouri, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) passes against the Los Angeles Chargers during the fourth quarter at GEHA Field at Arrowhead Stadium.

Chiefs to Build New $3 Billion Stadium in Kansas

The team will end a long run at Arrowhead Stadium.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
December 21, 2025

Chiefs Leaving KC? Kansas Governor Teases ‘Special Announcement’

Kansas Gov. Laura Kelly schedules a “special announcement” for Monday.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
December 18, 2025

Indiana Bears? NFL Team Expands Stadium Search Beyond Illinois

Stalled political progress in Illinois prompted another pivot by the NFL team.
Jul 1, 2025; New York City, New York, USA; A general view out side of Citi Field. The game between the New York Mets and the Milwaukee Brewers was postponed due to impending weather.
December 15, 2025

Mets Owner Steve Cohen Clears Final Hurdle for $8B Casino Project

The Mets owner and Hard Rock receive a New York gaming license.
View of the London logo on the field after an NFL International Series game between the Denver Broncos and the New York Jets at Tottenham Hotspur Stadium.
December 5, 2025

New NFL Surface Standards Will Apply to International Stadiums

The NFL played a record seven international regular-season games this year.
December 4, 2025

Milan’s New Olympic Hockey Arena Is Behind Schedule and Too Short

Construction is delayed and the ice may not meet NHL size standards.