The Athletic also reports: "Zalupski is expected to keep the team in the Tampa Bay area, with a strong preference to be in Tampa rather than St. Petersburg, the source said." Sternberg, who originally took control of the team in 2005,

A deal to sell the Tampa Bay Rays to a developer in Jacksonville is in the works. Sources said Stu Sternberg has a deal in principle to sell the team to Patrick Zalupski for $1.7 billion.

After 20 years as principal owner of the Tampa Bay Rays, Stuart Sternberg is set to sell the team to Jacksonville developer Patrick Zalupski for about $1.7 billion. The deal has been agreed to in principle and could be completed as soon as September, The Athletic reported on Monday afternoon.