New Rays owners promise Tropicana Field repairs, search for new ballpark around Tampa
October 7, 2025
The new owners of the Tampa Bay Rays are promising to get hurricane-damaged Tropicana Field repaired in time for next season and beginning a search for a new, permanent ballpark to open in 2029. The group led by Florida-based real estate developer Patrick Zalupski finalized a $1.7 billion purchase last week from Stu Sternberg, who owned the Rays for 18 years and had long sought to find the team a new stadium. Zalupski and other top executives Ken Babby and Bill Cosgrove said at a news conference Tuesday they intend for the team to remain in the Tampa Bay area.