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Trip Miller

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business6 months ago

Tampa Bay Rays' Future: Sale Talks, Potential Move, and Local Reactions

Hedge fund founder Trip Miller has made an all-cash offer to buy the Tampa Bay Rays, potentially challenging the current exclusive negotiations with a group led by Patrick Zalupski. Miller's group is willing to pay over $1.5 billion, including stadium costs, and aims to keep the team in the Tampa Bay area, with plans for a new stadium and local ownership. The sale process is complicated by previous stadium funding issues and the team's desire to remain in Central Florida.