Tampa Bay Rays reportedly to be sold by Sep.
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Tampa Bay Rays second baseman Brandon Lowe has had an impressive season and could be on the move if the Rays sell.
The Athletic reported Monday that Rays owner Stuart Sternberg had an agreement in principle with Jacksonville-based developer Patrick Zalupski.
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The team has agreed to a deal in principle with Jacksonville developer Patrick Zalupski for roughly $1.7 billion.
The proposed buyers of the Rays are not venture capitalists looking for a flip. These are Florida-rooted businessmen. Do they really care if the team is in Tampa or Orlando?
The Rays will play potential postseason games at Steinbrenner Field in Tampa, setting up the possibility of a World Series staged in a minor league stadium.
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.
MLB is making a key decision about the Tampa Bay Rays stadium. The league is allowing the team to continue playing in a minor league park.
The deal could signal a sweeping series of sell moves by the O's, who now have seven picks in the top 100 on Sunday.