The team has agreed to a deal in principle with Jacksonville developer Patrick Zalupski for roughly $1.7 billion.

Stu Sternberg has agreed in principle to a $1.7 billion deal to sell the Rays to a group led by a Florida-based developer ...

The Tampa Bay Rays are reportedly set to undergo a change in ownership later this year.

Tampa Bay Rays principal owner Stu Sternberg is in "exclusive discussions" to sell the franchise to a group led by a Florida-based residential developer, the team acknowledged Wednesday.

Three months after stepping away from an agreement to build a new stadium in St. Petersburg, the Tampa Bay Rays took a much-anticipated step in their endless stadium saga: Attempting to sell the team.