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Tampa Bay Rays to Get New $1.3 Billion Stadium in St. Petersburg Area

Tampa Bay Rays to Get New $1.3 Billion Stadium in St. Petersburg Area

Key points:

  • The Tampa Bay Rays are set to get a new stadium in the St. Petersburg area after years of negotiations and threats to split a season between Tampa Bay and Montreal.
  • The stadium will cost $1.3 billion and is part of a larger redevelopment that will cost $6.5 billion overall.
  • Assuming approval, the Rays will sign a 30-year lease starting in the 2028 season.

The Tampa Bay Rays have secured a new stadium deal in the St. Petersburg area. The stadium, costing $1.3 billion, is part of a larger redevelopment project costing $6.5 billion. The Rays will cover over half of the stadium cost, with the remaining amount to be covered by the city and county. Pending approval from the city council and county commission, the Rays will sign a 30-year lease starting in 2028. The stadium will seat around 30,000 fans under a fixed roof and feature artificial turf and operable walls. Team officials hope the new location and recent developments in the area will boost attendance and fan support. In baseball news, the Rays have already clinched a playoff berth and are 2.5 games behind the Baltimore Orioles in the AL East race.

Read more at si.com

The summary of the linked article was generated with the assistance of artificial intelligence technology from OpenAI