Rays Reportedly Asking For $1B to Build Tampa Stadium

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31 comments
  1. MLB should Suspend both the A's and Rays Franchises. 28 teams. Special draft to send their players, including MiLB, elsewhere. When things get sorted out with new owners years later, then they can be brought back.

  2. Tampa resident here. I'm also wondering how the cost is higher than the proposed St. Pete venue. The Rays' new owners sure are asking for a lot. I think they'll need to adjust in the coming months because that's a lot of public money to ask for and time's of the essence.

  3. It's Brodie "Rehash" Brazil ! The Rays owners will chip in up to 75% of the new stadium funds at the HCC site in Tampa. To bridge the funding gap, the team has suggested several "visitor-heavy" options:

    – Tourist Development Taxes (Hotel/Bed taxes).

    – Car rental fees and ticket surcharges.

    – Community Redevelopment Funds (CRA property tax revenue generated by the project itself).

    – Special Taxing Districts (Special assessments on the new businesses within the development).

    There will not be any taxpayer dollars. It's optimistic that the deal will get done for the stadium to be built by the 2029 MLB season.

  4. Get them out of the hood in St Pete. Bring em to the City. We Yankee fans want them here in Tampa. We outnumber Rays fans when Yankees come to town anyways. Rays fans can keep mementos like the Wander Franco Statue! LMFAO!!!!

  5. Seems like this project could cost a whole lot less if it didnโ€™t involve tearing down a whole college. A one-billion-dollar ask seems pretty outrageous.

  6. I'm not expert at this, but it seems to me that they key to making this work will be the entertainment/shopping district. The Rays are going to need buy-in from the Yankees, Bucs, city, and county. They'll all obviously want a piece of the pie, so the Rays portion of the ballpark village pie will be small, but they're getting nothing from that concept now. Maybe include a buy-out clause for the Yankees and Bucs? I still foresee Orlando in their future.

  7. Sternberg asked St Pete to donate 600 million with them contributing 700 million. No way the local Tampa government will allow this. If they do they are organized crime at this point. People there are still recovering from the hurricane.

  8. Nice overview Brodie, but one question that I hope someone will ask is what's the potential return for the city, county and state? I'm not talking about the usual nonsensical "multiplier effects" thrown around by teams and then forgotten once the shovels hit the ground, but real benefits. The stadium itself probably would be tax exempt, but could the ballpark village bring in new revenue from what has essentially devolved into a red-light district? I"m not dismissing the value of having high-profile sports teams the way some economists do and converting Drew Park into something more…wholesome? might add some value to the tax roles.

  9. Jap from the GP Peterson show has been way ahead of this and the Tampa bay time has been very bias in their reporting on this. I live in Tampa Bay. I trust the GP peters and show.

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