Tampa Bay Rays principal owner Stu Sternberg is in "exclusive discussions" to sell the franchise to a group led by a ...

Sportico reported the Tampa Bay Rays are in advanced talks to be sold to a Jacksonville group headed by Patrick Zalupski.

Three months after stepping away from an agreement to build a new stadium in St. Petersburg, the Tampa Bay Rays took a much-anticipated step in their endless stadium saga: Attempting to sell the team.

The owners of the Tampa Bay Rays are engaged in "advanced talks" over a sale that would value the franchise at $1.7 billion, according to Sportico's Scott Soshnick and Kurt Badenhausen.