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 Tampa Bay Rays will soon change ownership. Stuart Sternberg has agreed to sell the franchise to a group led by Jacksonville developer Patrick Zalupski for approximately $1.7 billion, per Evan Drellich and Ken Rosenthal of The Athletic. The deal is expected to be finalized around September.

The proposed buyers of the Rays are not venture capitalists looking for a flip. These are Florida-rooted businessmen. Do they really care if the team is in Tampa or Orlando?

The Tampa Bay Rays dumped many of their best players ahead of the MLB trade deadline -- a fire sale partially sparked after a potential deal to buy team fell through.

ATLANTA — The sale of the Tampa Bay Rays from current owner Stu Sternberg to a group led by Jacksonville developer Patrick Zalupski for about $1.7 billion has been agreed to in principle and is ...

PETERSBURG, Fla. (AP) — The Tampa Bay Rays say they are in “exclusive discussions” with a Florida investment group for a potential sale of the team. The Rays are valued at $1.25 billion ...

The sale of the Tampa Bay Rays is nearly official. A group led by Florida home developer Patrick Zalupski has agreed in principle to purchase the Rays from current owner Stu Sternberg for about $1 ...

Joe Boyle (1-0, 1.42 ERA, 0.63 WHIP, 18 strikeouts); Yankees: Max Fried (11-4, 2.62 ERA, 1.04 WHIP, 116 strikeouts) BOTTOM LINE: The Tampa Bay Rays bring a 1-0 lead into the next game of the series against the New York Yankees.