Market
What will be the primary funding sources for the new Rays stadium by the end of 2025?
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Resolution / Starting Odds
City bonds only • 25%
City bonds and private investment • 25%
City bonds, private investment, and state funding • 25%
Other sources • 25%
Official financial disclosures, media reports, city council records
Story
St. Pete City Council Approves $300M Bonds for New Rays Stadium on Thursday
Dec 5, 2024, 10:24 PM
The St. Petersburg City Council has approved bonds worth $300 million to fund the city's portion of a new stadium for the Tampa Bay Rays, marking a significant step forward in the team's stadium saga. The vote, which took place on Thursday afternoon, was described by council member Brandi Gabbard as effectively calling the Rays' bluff on their commitment to building a new state-of-the-art stadium in St. Pete. The approval of these bonds could potentially breathe new life into the floundering deal between the city and the Rays, providing the necessary funding to move forward with the project.
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State government • 25%
Private investors • 25%
No additional funding secured • 25%
Federal government • 25%
Public-private partnership • 25%
Private funding • 25%
Public funding • 25%
Other • 25%
Foundation completed • 25%
Structural framing completed • 25%
Roof installation started • 25%
None of the above • 25%
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External investors • 25%
Internal funding • 25%
Bank loans • 25%
Government grants • 25%
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Casino Brand • 25%
Automotive Company • 25%
Tech Company • 25%
State Government Funds • 25%
Insurance Claims • 25%
Private Donations • 25%
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State Funding • 25%
City Budget • 25%
Private Investments • 25%
Federal Grants • 25%