Overview

• The Rays announced that presidents Matt Silverman and Brian Auld are stepping down in connection with the pending sale.
• Upon closing, Silverman will represent current owner Stu Sternberg on a new executive advisory board, and Auld will serve as a senior advisor during the transition and beyond.
• The roughly $1.7 billion sale to a group led by Patrick Zalupski is expected to close within the next two weeks pending MLB approval.
• Commissioner Rob Manfred said new ownership will likely restart a region-wide search for a ballpark site and emphasized keeping the team in the Tampa Bay area.
• The club is playing 2025 home games at Steinbrenner Field due to Hurricane Milton damage to Tropicana Field, with repairs underway and a return to the Trop expected in 2026.