
via Imago
Credit: Chris O’Meara / Associated Press

via Imago
Credit: Chris O’Meara / Associated Press
For years, a small-market franchise found ways to punch above its weight—outsmarting opponents on the field while juggling stadium sagas and financial tightropes off it. Yet beneath that underdog magic, something was brewing. Behind closed doors, tensions simmered between team leadership and Major League Baseball’s top brass. With Tampa Bay Rays owner Stu Sternberg under the microscope and Rob Manfred allegedly applying league pressure, things have reached a boiling point. A surprising new twist has surfaced—one that could reshape the team’s future and potentially bring an ownership shake-up no one saw coming.
What started as whispers in the league offices has now exploded into a full-blown ownership crisis. Sternberg, who’s helmed the Rays for nearly two decades, is reportedly in advanced talks to sell the club. According to Kurt Badenhausen, “The Tampa Bay Rays are in advanced talks to sell the club to a group led by Jacksonville home builder Patrick Zalupski. Parties have signed a letter of intent, and the price is roughly $1.7B.”
That’s a staggering figure for a team long plagued by empty stands and stadium woes. And it’s not just about dollars—it’s about decades of frustration finally boiling over.
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SCOOP: The Tampa Bay Rays are in advanced talks to sell the club to a group led by Jacksonville home builder Patrick Zalupski.
Parties have signed a letter of intent, and the price is roughly $1.7B. Details at @Sportico from @soshnick and me.https://t.co/gugFFMBnJe
— Kurt Badenhausen (@kbadenhausen) June 18, 2025
This sale didn’t come out of nowhere. For months, rumors have swirled that MLB commissioner Rob Manfred and other owners had grown tired of the Rays’ situation—labeling them a “drain on the current revenue sharing system.” The team has consistently ranked near the bottom in attendance and revenue, heavily dependent on league revenue sharing. Combine that with a crumbling Tropicana Field and the chaos brought by Hurricane Milton, and Sternberg was staring down a perfect storm. The move to George M. Steinbrenner Field was just a band-aid. Behind the scenes, many felt a sale was inevitable—and perhaps even encouraged.
As pressure mounted, so did the leaks. Former MLB pitcher Dallas Braden didn’t mince words, calling it “a tarnished situation and a tarnished brand.” That brutal honesty echoed a growing sentiment: fresh ownership could bring stability, investment, and maybe even a long-awaited new stadium. While Sternberg reportedly had options—including offers from the DeBartolo family and others—the Zalupski group seems to have emerged as the frontrunner, with serious momentum.
Ultimately, this isn’t just about selling a baseball team—it’s about MLB saving face in a key market. And with Manfred’s alleged pressure and Sternberg’s mounting financial troubles, it looks like the Rays are heading toward a major reset. Whether this leads to lasting change or just another chapter of instability… remains to be seen.
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Is the Tampa Bay Rays' ownership change a fresh start or just another chapter of chaos?
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With the ownership situation possibly nearing its conclusion, the Rays’ on-field performance is writing a story of its own—one fueled by grit, variety, and a belief in each other.
Versatile offense and stingy pitching fueling the Rays’ current surge
While the boardroom buzzed with ownership drama, the Rays quietly started making noise where it matters most—on the field. Winners of 19 of their last 25, Tampa Bay is not just stacking wins—they’re doing it in style. One night it’s five homers in Houston; another it’s scoring two on a grounder that never left the infield. “You’re not living and dying by the home run ball… We can do it all,” said Brandon Lowe. That versatility has made them one of the most unpredictable and dangerous teams in the league right now.
What makes this run even more impressive is that it isn’t just the top of the lineup delivering. From six through nine, guys like Jake Mangum are hitting a scorching .487 with runners in scoring position. They are flipping the lineup with clutch performances. Mangum, who missed five weeks with a groin strain, hasn’t skipped a beat since returning, also going 10-for-10 in stolen bases. Combine that with Yandy Diaz’s .369 hot streak and Lowe’s OPS jump from .567 to .775, and suddenly the Rays are humming on all cylinders.
Pitching hasn’t taken a backseat either. While not the flashiest, the rotation has been efficient and the bullpen tight. And manager Kevin Cash sees it coming together: “It feels like a pretty complete offense right now,” he said. It’s the kind of quiet, steady surge that makes baseball fans—and perhaps even new owners—perk up. For all their instability off the field, the Rays are proving that the foundation in the dugout is stronger than ever.
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As ownership talks heat up and the Rays dominate between the lines, Tampa Bay stands at a fascinating crossroads. A franchise once burdened by financial woes may soon find fresh footing, both in leadership and in performance. Whether this sale marks a rebirth or just another chapter, fans should stay locked in. The real story is just getting started.
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Is the Tampa Bay Rays' ownership change a fresh start or just another chapter of chaos?