💨 Abstract

The Tampa Bay Rays are in exclusive discussions with a Florida investment group for a potential sale of the team, valued at $1.25 billion. The sale comes as the team plays at the New York Yankees' spring training home due to damage to Tropicana Field. The Rays had withdrawn from a $1.3 billion stadium development project, and the city is repairing the stadium for a potential return in 2026.

Courtesy: WTOP Staff