The Tampa Bay Rays have backed out of a $1.3 billion stadium deal, leaving their future in St. Petersburg uncertain. With talks of renovating Tropicana Field and a potential lease extension, tensions rise between the team and city officials.
Tampa Bay Rays owner Stu Sternberg is under increasing pressure to sell the team amid uncertainty over a stadium deal in St. Petersburg. Local investors, including Joe Molloy, are showing interest in acquisition as MLB considers revenue penalties.