Funding Trouble for New Stadium? | Locked On Rays

Locked On Rays- Daily Podcast On The Tampa Bay Rays

The Rays face uncertainty about their 2024 season location after Tropicana Field's roof was damaged and flooding occurred, complicating future plans.

-Pinellas County Commission's funding pledge for the Rays' new stadium is contingent on the team's commitment to play in the county for three years.

-A vote on funding $312.5 million for the $1.37 billion stadium was delayed until the Rays clarify their future playing location.

-Commissioner Chris Latvala emphasized that relocating games outside Pinellas could violate the spirit of the county's agreement made two months prior.

-The County Commission approved the funding plan in July, but separate bond issuance must be voted on by November 19 for it to proceed.

-Complications arise from Commissioner Janet Long's upcoming retirement and uncertainty about filling her seat before the November 19 vote.

-Commissioner Charlie Justice, who supports stadium funding, faces re-election challenges, creating potential shifts in the Commission's support.

-Even if the Rays commit to staying, four Commissioners could still oppose the bond issuance, risking the stadium funding.

-Funding for the new stadium relies on hotel tax revenues, which have been affected by recent hurricanes in Pinellas County.

-Failure to issue bonds by March 31, 2025, could terminate the county's July 30 funding approval, jeopardizing the stadium project.

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