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flag Tampa Bay Rays owner Stu Sternberg sells team for $1.7 billion to Florida developer Patrick Zalupski.

flag Tampa Bay Rays owner Stu Sternberg has agreed to sell the team to a group led by Florida developer Patrick Zalupski for $1.7 billion, expected to close by September. flag Zalupski prefers keeping the team in Tampa over St. Petersburg. flag The sale, originally purchased by Sternberg in 2004 for $200 million, needs MLB approval. flag The future stadium plans remain unclear as Tropicana Field faces repair issues.

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