While the team explores long-term options, the ownership group emphasized that Tropicana Field will receive substantial upgrades to improve the fan experience.
“We promise the fan experience will be better than ever—with a new roof, new video board, a new sound system, and other improvements, including some funded directly by the Rays,” Babby said.
The renovations, coupled with the leadership’s commitment to remain in St. Petersburg “for now,” signal stability during the transition period.
Zalupski thanked former owner Stu Sternberg for “building a franchise that is known for its innovation and success” and for trusting the new group “to carry that legacy forward.”
Sternberg, who owned the Rays for 18 years, retains a minority stake in the organization.
“It’s about stewardship,” Zalupski said. “We recognize the deep responsibility we now carry — to deliver a winning team on the field, as Rays fans are accustomed to and deserve, and an unforgettable experience for our fans. That’s a commitment we make with humility, pride, and great anticipation.”
As part of the sale, the ownership group also acquired the Tampa Bay Rowdies, the professional soccer team that plays at Al Lang Stadium on St. Pete’s downtown waterfront. The group said it has no plans to sell the Rowdies.