Official announcements from the Tampa Bay Rays or City of St. Petersburg, media reports

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.