TAMPA — The Stu Sternberg era as Tampa Bay Rays owner has moved closer to an end.

Major League Baseball’s owners have approved a deal for him to sell the team.

Our newsgathering partners at the Tampa Bay Times reports that the owners unanimously approved an investment group buying the franchise.

A developer named Patrick Zalupski from Jacksonville leads that investment group.

The other MLB owners have to sign off on someone buying and selling a franchise.

The investment group has made it clear it is interested in a new stadium.

The sale of the team still has to be formalized, and that could happen later this week.