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Tampa Bay Rays reportedly to be sold by September: Zalupski group paying $1.7 billion
A Jacksonville group led by billionaire Patrick Zalupski have agreed to buy the Rays for an estimated price of $1.7 billion, according to The Athletic. The deal is expected to be finalized by September after negotiations took place over the past weeks. The Rays' principal owner, Stu Sternberg, bought the franchise in 2004 for $200 million.
The team has agreed to a deal in principle with Jacksonville developer Patrick Zalupski for roughly $1.7 billion.
Stuart Sternberg has struck a deal in principle to sell the Rays to a group headed by Jacksonville developer Patrick Zalupski ...
Tampa Bay Rays principal owner Stu Sternberg is in "exclusive discussions" to sell the franchise to a group led by a Florida-based residential developer, the team acknowledged Wednesday.
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