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Monday, September 27, 2021

TB progressing with Montreal Sister City plan

While expressing club officials’ desire to be “very considerate” about keeping their focus on the field, Rays president Matt Silverman revealed the team will soon be “more visible and more vocal” regarding its Sister City plan to split future seasons between the Tampa Bay area and Montreal.

During an interview on the This Week in Rays Baseball pregame radio show, Silverman said the Rays will unveil a sign representing the plan at Tropicana Field during the playoffs.

“For the postseason, we’re going to add a sign in the right-field foul territory with a very simple Tampa Bay Montreal graphic. Especially with the eyes of baseball on us this October, we want that visible symbol of our plan and our excitement for it,” Silverman said during his radio interview. “It’ll mark the effort subtly and keep the focus on winning and winning games in October and getting to that final game, maybe, and finally winning it for the first time in franchise history.”

The Rays first unveiled the Sister City concept in June 2019, when Major League Baseball’s executive council granted the club permission to explore the possibility of playing a schedule with home games split between the Tampa Bay area and Montreal. At the time, Commissioner Rob Manfred said the plan would aim to “preserve baseball in Tampa, but improve the economics of the club overall by playing some of their games in Montreal.”

RoyalsRetro (AG#1F) Posted: September 27, 2021 at 01:17 PM | 63 comment(s)
  Beats: montreal, rays

Monday, May 24, 2021

Tampa Bay Rays minority owners sue Sternberg, say he secretly negotiated Montreal deal

A group of minority owners of the Tampa Bay Rays have filed a lawsuit against Stuart Sternberg, the principal owner, alleging he has been engaged in a “relentless scheme” to take over control of the team and began secretly negotiating to sell an interest in the Rays to Montreal investors in 2014 — years before it was publicly disclosed.

The suit, which was filed Saturday in Pinellas County, accuses Sternberg of depriving the minority owners of their profits from the team while simultaneously requiring them to pay taxes on that would-be income.

That tactic squeezed out some partners, forcing them to sell their shares to Sternberg at a fraction of their value, the plaintiffs said. In January 2020, he transferred “the entire baseball club and franchise” to a new company under his sole management, without notifying the other partners, the lawsuit says.

 

RoyalsRetro (AG#1F) Posted: May 24, 2021 at 05:13 PM | 12 comment(s)
  Beats: montreal, rays

 

 

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