The Tampa Bay Rays have formally closed the three-year negotiating window that was permitted by the team’s Memorandum of Understanding with the City of St. Petersburg (via the City Council), which allowed a stadium search in Hillsborough and Pinellas counties.
IT’S OFFICIAL: #Rays sent this letter to City of @StPeteFL yesterday, officially terminating their stadium negotiating window with Tampa. pic.twitter.com/1DmyHXLweJ— Noah Pransky (@noahpransky) December 18, 2018
The letter is a formality of what has been already known; the Rays stadium search has concluded, and the team is likely to play out the lease on Tropicana Field through 2027.
The full text of the team’s letter is as follows:
Dear Mayor Kriseman:
This letter shall serve as the “Decision Notice” [as that term is definted in that certain Memorandum of Understanding between Tampa Bay Rays Baseball Ltd. (the “Rays”) and that City of St. Petersburg (the “City”) dated January 15, 2016 (the “MOU”)]. Please be advised that, as required by Section 9.B. of the MOU, the Rays hereby notify the City that the Rays will not attempt to negotiate the “New Agreements” (as that term is defined in the MOU) or prepare a “Termination Agreement” (as that term is defined in the MOU).
If you have any questions, please let me know.
Very truly yours,
John P. Higgins