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Rays to announce St. Petersburg stadium deal this week

According to Marc Topkin at the Tampa Bay Times, the Rays are set to announce a new stadium deal with the city of St. Petersburg at the eleventh hour.

Here’s what we know:

  • After 16 years of speculation, dating back to the change from Devil Rays to Rays, the team is staying in St. Petersburg, FL.
  • The stadium plan remains what was reported earlier: a fixed roof stadium seating 30,000 and anchoring a larger overall development in the Historic Gas Plant District, which is where the current stadium is located today.
  • The new stadium would open for the 2028 season, but the overall development may not be complete until a decade later. You can view the Rays stadium redevelopment proposal here.
  • Last week, Topkin also reported the Rays would be willing to take on around $600 million to fund a new stadium, with rumors floating that Stu Sternberg was interested in selling a stake in the team for the influx of cash.
  • The announcement could come as soon as tomorrow, with WDAE’s Zac Blobner reporting that a change in ownership is potentially falling into place as well.

We will update this article if any more news drops today.

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