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Latest On Rays Stadium Plans

January 24, 2026 by MLB Trade Rumors

The Rays continue their efforts to find a workable plan for a new stadium in the Tampa Bay area. They took a step in that direction on Tuesday, as the board of trustees at Hillsborough College voted to approve a memorandum of understanding with the team (link via Nina Moske, Colleen Wright and Lucy Marques of The Tampa Bay Times). It’s a non-binding agreement between the Rays and the college as the team pursues a stadium/mixed-use development plan at its Dale Mabry campus.

The team’s lease at Tropicana Field runs through 2028. They’re hopeful of having a new stadium built for the start of the ’29 season. That doesn’t leave a whole lot of time to work out funding agreements with the city and county before getting construction underway. The team’s deal on Tuesday was with the college to zero in on a potential stadium site. They have not worked out any kind of public funding deals.

The Rays had a 2024 agreement on a stadium that would have been in St. Petersburg, which is located in Pinellas County. The deal collapsed after hurricane damage held up county approval of certain bonds, which led the Rays to argue they needed more money to cover cost overruns associated with the delay. Talks between the team and city/county officials became acrimonious enough that the Rays pivoted to working with Hillsborough County officials and the City of Tampa.

An inability to work out a stadium deal was seemingly the driving force in Stu Sternberg’s decision to sell his majority share in the franchise last year. Patrick Zalupski is now leading ownership and taking another crack at working out a deal within Tampa itself. City and county officials have given mixed signals on whether they’ll approve public money.

Hillsborough County Commissioner Ken Hagan, a proponent of a deal in Tampa, suggested this afternoon that he believes the team would pursue opportunities in Orlando if they don’t make sufficient progress on the Dale Mabry site (link via Nicolas Villamil of The Tampa Bay Times). There has been growing support in Orlando for a team, either via relocation or expansion, but MLB commissioner Rob Manfred and Rays’ officials have maintained they’re focused on the Tampa area at the moment.

Filed Under: Rays

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