Hillsborough County Set to Vote on $800 Million Rays Stadium Funding as Tampa Backs $80 Million
Updated
Updated · MLB Trade Rumors · Aug 28
Hillsborough County Set to Vote on $800 Million Rays Stadium Funding as Tampa Backs $80 Million
3 articles · Updated · MLB Trade Rumors · Aug 28
Summary
$800 million in county funding is up for a Hillsborough County vote after Tampa City Council approved the Rays' latest stadium plan a day earlier.
A 4-3 city council vote committed $80 million from Tampa, while the Rays would provide about $1.4 billion in private financing and cover any cost overruns.
Ken Hagan called the special county meeting as the proposal moved forward under new majority owner Patrick Zalupski, who has backed a new Tampa-area ballpark since buying the club last year.
The vote marks the latest step in the Rays' long-running effort to secure a new stadium and stabilize the franchise's future in the region.