Pinellas County, Florida, and the St. Petersburg City Council recently voted to delay approving the sale of bonds to fund a new stadium for the Tampa Bay Rays, according to Fox 13. Had the funds been released, county and city taxpayers would have been on the hook for millions of dollars to house one of the least attended teams in the MLB.
In July, the city and county approved a $1.3 billion plan to build a new stadium for the team. The stadium, which would be a part of a larger $6.5 billion redevelopment project, would be financed by St. Petersburg ($417.5 million) and Pinellas County ($312.5 million), with the Rays covering the remaining portion. After Hurricane Milton last month shattered the roof of Tropicana Field, the Rays' current home, the team moved to expedite public funding for the project.
