Stu Sternberg to sell Tampa Bay Rays for $1.7 billion
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The Athletic reported Monday that Rays owner Stuart Sternberg had an agreement in principle with Jacksonville-based developer Patrick Zalupski.
Baseball Commissioner Rob Manfred said nothing is off the table when it comes to potential expansion, including the return of a second MLB team to the Bay Area.
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Tampa Free Press on MSNTampa Bay Rays Set For New Ownership As $1.7 Billion Sale Nears CompletionPatrick Zalupski Group to Take Reins, Aims to Keep Club in Tampa Area TAMPA, Fla. - The Tampa Bay Rays are on the cusp of a significant ownership change, with a $1.7 billion sale from current owner Stuart Sternberg to a group led by Patrick Zalupski reportedly agreed to in principle.
A deal to purchase the team from Stuart Sternberg is in place, with a September closing possible. But Sternberg would remain in control until the season ends.