Thursday's MLB: Rays withdraw from planned $1.3 billion ballpark in St. Petersburg
St. Petersburg, Fla. – The Tampa Bay Rays withdrew Thursday from a $1.3 billion project to construct a new ballpark adjacent to Tropicana Field, citing a hurricane and delays that likely drove up the proposal's cost.
Rays withdraw from planned $1.3 billion ballpark in St. Petersburg, citing storms, delays
The team issued a statement by principal owner Stuart Sternberg saying “a series of events” in October, which included severe damage to the the Trop and financing delays, led to what he called “this difficult decision.
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Tropicana Field is in limbo and its future is again uncertain after Rays owner Stu Sternburg backed out of the deal to build a new ballpark.
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