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Tampa Bay Rays’ New Stadium in Tampa: What We Know So Far
Insurance Journal· 2026-01-29 15:37
Core Insights - The Tampa Bay Rays are exploring options for a new stadium to replace the aging Tropicana Field, which has been a challenge due to its location and low attendance [1][3][9] - Recent developments include a nonbinding agreement with Hillsborough College to build a multiuse facility on a 113-acre site, with plans for a roof to mitigate weather issues [4][5][10] - The new ownership group, led by Patrick Zalupski, aims to create a vibrant community space similar to Truist Park, but details on financial contributions and city support remain unclear [11][15] Group 1: Stadium Development - The Rays have been in discussions for a new stadium for years, with previous proposals failing due to various reasons, including Hurricane Milton's impact [3][6] - The team is currently negotiating with Tampa officials, with a six-month window for discussions as part of the agreement with Hillsborough College [5][11] - The proposed stadium's design and financial structure are still under wraps, with no public information on the ownership's financial commitments [10][11] Group 2: Attendance and Performance - The Rays have struggled with attendance, ranking 29th in MLB in 2025, with only 786,750 fans compared to 1,337,739 in 2024 [9] - The team played the entire 2025 season at Steinbrenner Field due to damage from Hurricane Milton, which affected their home games and attendance figures [6][9] Group 3: Ownership Changes - The Rays were sold to a new ownership group led by Patrick Zalupski, with an estimated net worth of $1.4 billion, and Ken Babby appointed as the new CEO [15][16] - The new ownership aims to revitalize the team's presence and community engagement in Tampa Bay [12][15]
Why baseball star Tatsuya Imai wants to dodge the Dodgers
CNBC Television· 2025-12-17 21:25
The biggest catch of baseball's off season is the Japanese pitching star Tatsuya Imi with teams lining up to pay him between 150 and $200 million. But it's the team that I apparently doesn't want to play for that's generated the biggest surprise. Jared Diamond is sports reporter with the Wall Street Journal.He joins us now. It's good to see you. Um I loved your story.He doesn't want to play for the Dodgers. >> Can you imagine. Who wouldn't want to play for the Dodgers these days.Yeah. Look, it's sort of bec ...
X @Bloomberg
Bloomberg· 2025-11-12 18:12
Legal & Ethical Concerns - Major League Baseball faces potential integrity issues due to allegations of a player rigging bets [1] - Luis Ortiz pleaded not guilty to federal charges related to a betting scheme [1] Player Conduct - Cleveland Guardians pitcher Luis Ortiz is accused of manipulating pitches to influence bets [1]
How high school baseball revived a dying Korean town
Bloomberg Television· 2025-11-08 23:00
This small town in South Korea has saved itself from extinction through the power of baseball. Sangdong was one of hundreds of small towns on the brink of disappearing due to the country's deepening demographic crisis. It had lost 97% of its population in 50 years, but now it is thriving again, thanks to an ambitious plan to build an elite high school baseball program from scratch.Korea loves baseball, so the program entices students from other parts of the country to move to Sangdong for free baseball trai ...
X @The Wall Street Journal
Team Strategy - The Blue Jays operated differently from the rest of baseball for nearly two decades [1] - The Blue Jays changed their approach, invested significantly, and built a winner [1]
X @The Wall Street Journal
Yoshinobu Yamamoto hadn’t pitched a single inning in American baseball when the Dodgers signed him to the richest contract ever given to a pitcher. After back-to-back playoff masterpieces, he’s beginning to look like a bargain. https://t.co/1nZ1cwGo77 ...
What another Dodgers World Series win could mean for baseball payrolls
CNBC Television· 2025-10-24 21:26
MLB Salary Cap Debate - MLB is the only major American sport without a salary cap, unlike the NHL, NBA, and NFL [2] - The collective bargaining agreement will be up at the end of next year, and the implementation of a salary cap will be a major discussion [1][6] - The Dodgers, with a payroll of approximately $350 million, and the Mets are examples of why the league might consider a salary cap [1][2] Team Spending and Competitive Balance - The Dodgers are the defending World Series champions and have the second-largest team payroll in the league [1][3] - The Toronto Blue Jays, the Dodgers' opponent in the World Series, have the fifth-largest team spend, which may surprise some fans [4] - The high spending of both teams in the World Series provides an argument for a salary cap to promote competitive balance [4] - Some argue that the competitive balance issue stems from bottom teams not spending enough, suggesting a salary floor instead of a cap [5] Profitability and Revenue Sharing - The Blue Jays and the Dodgers put most of their money back into their team and don't have high profits [7] - Due to MLB revenue sharing, the bottom eight teams from a valuation standpoint made more money in EBITDA than the Dodgers or Blue Jays last season [8]
X @Forbes
Forbes· 2025-10-13 23:15
Scandal Focus - The report centers on the bookie at the heart of the Shohei Ohtani scandal [1] - The scandal nearly ruined baseball [1]
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Forbes· 2025-10-12 13:00
How The Bookie At Center of Ohtani Scandal Almost Ruined Baseball https://t.co/zGvgOOKHpn ...
X @Forbes
Forbes· 2025-10-10 07:00
Scandal Focus - The report centers on the bookie at the heart of the Shohei Ohtani scandal [1] - The scandal nearly ruined baseball [1]