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Relocation Newsbeat

Friday, October 30, 2015

Rays reject counter-offer to leave Tropicana Field, hire Nashville Predators CEO Jeff Cogen

Originally negotiated last year by St. Pete’s mayor Rick Kriseman, the Rays offer would have likely paid the city $20M with an anticipated move in 2019, though exact numbers fluctuated based on when the stadium was vacated. The counter proposal from the Council offered the same basic permissions, but with a payout escalating significantly.

The new deal, which included the cost of demolishing Tropicana Field, would have cost $41M for the Rays to move to Hillsborough County in 2019, or $33M for a move in 2020. Those figures could have been further lowered in the Rays stayed in Pinellas County, where St. Petersburg is located, and would have been $5M if the Rays remained in the city limits, covering the cost of demolition.

The Rays said no.

RoyalsRetro (AG#1F) Posted: October 30, 2015 at 02:14 PM | 1 comment(s)
  Beats: montreal, rays, relocation, stadium issues



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