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The Rays' situation is further complicated by the fact that they were supposed to have $700 million in private financing, a $100 million loan from Major League Baseball, and half of the design documents completed to secure the bonds vote and move forward with the groundbreaking in early 2025. However, these requirements have not been fully met, adding to the uncertainty.
The Looming Threat of Relocation
Sternberg's mention of relocation as a possibility has sent shockwaves through the Rays' fan base. The contrast between the team's "here to stay" slogan and the current uncertainty is stark, and it has left many wondering about the franchise's long-term future in the Tampa Bay area.