Rays Owner Stu Sternberg to Sell Team for $1.7 Billion to Developer Patrick Zalupski

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Source: Bay News 9
Rays Owner Stu Sternberg to Sell Team for $1.7 Billion to Developer Patrick Zalupski
Photo: Bay News 9
TL;DR Summary

The Tampa Bay Rays are reportedly close to selling the team for about $1.7 billion to a group led by Patrick Zalupski, with the sale potentially finalized as soon as September. The new owners prefer to keep the team in Tampa and build a new stadium there. The sale requires MLB approval, and the current owner, Stu Sternberg, bought the team in 2004 for $200 million.

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