Fox4Now Staff
•6/18/2025

TAMPA, Fla — The Tampa Bay Rays are in talks to be sold, the team confirmed.
According to the Rays, they are in talks to sell the team to Florida home developer Patrick Zalupski.
The Tampa Bay Rays announced that the team has recently commenced exclusive discussions with a group led by Patrick Zalupski, Bill Cosgrove, Ken Babby and prominent Tampa Bay investors concerning a possible sale of the team. Neither the Rays nor the group will have further comment during the discussions.
Zalupski is the Founder, President and Chief Executive Officer of Dream Finders Homes, according to the company website.
In March, when the plan for a new Tampa Bay Rays stadium in St. Petersburg fell apart, talks of Rays owner Stu Sternberg selling the team started to grow.
We contacted the City of St. Petersburg, and they stated that the City administration had not spoken to the Rays about the sale.
MORE COVERAGE: MLB and other owners pressuring Rays owner Stu Sternberg to sell the team
MORE COVERAGE: Tampa Bay Rays say team will not move forward with stadium deal
In March team president Matt Silverman denied those claims.
Mayor Jane Castor commented on the news on Wednesday.
“The Tampa Bay Rays are part of this community, and we want them to stay right here in Tampa Bay," she said. We’re optimistic that any new ownership will recognize the passion of our fans and the value of keeping the team rooted where they've been supported from the start.”
Pinellas County Commissioner Chris Latvala has been calling for Sternberg to sell the team. He spoke with ABC Action News on Wednesday.
"I think today's news is definitely good news for Rays fans in the Tampa Bay area," he said. "I think the likelihood of the Rays staying in the Tampa Bay area goes up exponentially with today's news."