The Rays stadium deal is dead, so what’s next?

After the team announced it will not move forward with the $1.3 billion stadium deal in St. Pete, we’re looking at some potential options for the Rays’ future.

2023.09.18 Rays.png

Will the stadium ever come to fruition?

Rendering via the Tampa Bay Rays

The epic poets of old could have hardly conceived a saga as twisting as that of the Tampa Bay Rays in recent months. After Hurricane Milton tore the roof off Tropicana Field, we learned the stadium would not be ready for the 2025 MLB season, forcing the Rays to move to Tampa for the year.

Ownership has now decided to walk away from longstanding plans to build and move into a new stadium in St. Pete, and develop the Historic Gas Plant District. Officials cited “a series of events beginning in October that nobody could have anticipated” in a statement.

Owner Stu Sternberg reinforced the team’s plan to move back into Tropicana Field once repairs are complete. A reminder: Their lease on the Trop ends in 2027.

So, what’s next? Here’s a few routes the Rays could take:

  • With mounting pressure on Sternberg to sell the team, an interested group of Tampa-based investors may be the key to the Rays’ future.
  • Steinbrenner Field could become a permanent home.
  • The Rays have also been linked with a potential move to Orlando, and would become the Orlando Dreamers.
  • There are a bunch of cities across the US with groups pushing for an MLB team in places like Nashville and Raleigh.

What do you think will happen? Let us know.

More from TBAYtoday
The budding corals will eventually be replanted within the Keys as part of Florida’s Coral Reef Restoration and Recovery Initiative.
We compiled all of the feedback from our Giving Campaign to learn what readers love most and want to see more of in our newsletters. Here’s a peek at what they said.
From pop legends to chart-topping bands, there’s no shortage of concerts to see this year in the Tampa Bay area.
Here’s where to ring in 2026 in TBAY.
We rounded up six locally approved matcha picks so you can get your green fix.
We wrap up some of our favorite waterfront parks, local businesses, bakeries, and other faves across Tampa and St. Pete
Some of country music’s biggest and rising stars play the 2026 festival right on St. Pete Beach.
A grassroots effort is helping Tampa Bay region properties become part of a nationwide habitat network.
We’re digging in the Cigar City Brewing IPA’s roots, inspiration, and popularity across the United States.
Hi TBAY residents. It’s that time of year again — Spotify Wrapped is out, and so is ours. Ready to see how our year stacked up?