12:08 the problem with this idea that he's not rich enough to own a baseball team is any other person with more wealth will not want to do this deal as it stands with St. Petersburg. Anyone with more wealth would buy the team under the condition that they get to relocate. Let's face facts. It's well known in this day and age that waiting makes things cost more. This was agreed to in July. Why would you wait until you have two additional no votes on your board to conduct a vote if you weren't trying to back out of the deal?
100% I don't understand Rays fans delight in demanding that Stu sell the team. Local ownership groups don't exist in the Bay Area and outside interests are going to bid way more than someone local will anyway. When you demand that Stu sell the team, you're basically slitting your own throat. If Stu sells, the Rays are GONE. To be honest though, I think the Rays are done with this deal. The only reason they haven't terminated the agreement is because they don't want to lose the 65 acres they have to develop.
Latvala didn’t like the outcome. Used the hurricane to get the result he wanted. Saying if they gave him a heads up about playing in Tampa would make him do anything different is laughable. At least one thing came out of this and that is Latvala should not be in any position of power.
Its clear that no one seems to want to get this entire stadium thing done there in Florida so pull up stakes Rays and bring your team and franchise out West to Oakland,CA.. Theres good weather just about all the time...theres a fantastic ,devoted fan base out awaiting you plus you would be playing in a very lucrative area . The Coliseum suffers from years of neglect but it can be fixed and theres always the possibility of building a new ballpark. Currently the Coliseums site is next to BART the 880 Freeway is on none side and the 580 Freeway is on the other side.The Oakland Airport is nearby and has connection to BART . You do have options IF you do choose to relocate.
LMFAO. Oakland, the asshole of America. The poorest, most crime-ridden city in the country, run by utter lunatics voted in by the good citizens of Oakland. No pro sports team wants to be in such a place.
Good stuff, guys! I don't believe this is on the Rays. Their only missteps have been keeping the cards so close to the chest, securing/announcing Steinbrenner Field and some public comments about how important getting the bonds passed in a timely manner would be to the ability to continue w the deal. The Rays lost their place to play and secured the biggest, closest venue they could w their own $. They're going to lose countless dollars in revenue in many different avenues just from that alone. They also need the bond approvals to show potential investors that this thing is happening and will be able to be wrapped up by the original date. Investors need to be able to see when they're going to see their ROI so they will invest. Pushing back the bond votes complicates things by allowing new elected officials, some of whom oppose the stadium and have not been working towards this project to delay/complicate the deal. Approve the bonds already, and let's move forward! The egos seem to lie w the government officials who didn't get the Rays to Clearwater. The Rays even saved the city $ by telling them not to repair the Trop. The city/county seems to be posturing to get the Rays to pull out of the deal because they realize they gave up too much on the redevelopment side. If anyone is not holding up their end of the bargain, it's the city of St. Petersburg and Pinellas County, IMO.
Didn't think we'd reach a point where it would come to this. Probably the best solution as Ulises said is for Stu to sell the team to local investors to keep the team in Tampa.
Why would Stu sell to local investors? If he's to the point where he has to sell the team and he's not from the Bay Area anyway, why would he not sell to the highest bidder?
Guess it is just hope on my part. I don't know Mr. Sternberg personally of course, but I would hope that he would not want relocation to become his legacy with the Rays. It is different with Fisher and Oakland because he does not have the long history with the franchise the way Stu has with the Rays whereby under his ownership the team improved massively from where it was under Namoli. That positive legacy goes away if they leave Tampa/St. Pete.
@@Elephant2024 John Fisher has been an owner with the A's since 2005, he became sole owner in 2016. There's a difference between Fisher and Stu though... John Fisher was born in San Francisco, attended school in the Bay Area at Stanford, and he inherited GAP from his parents, which is also headquartered in San Francisco. Stu is from New York, attended school in New York, and lives in New York. He has no legacy to leave in Tampa. If/when he sells the team, I would assume that he'd just continue his career in New York.
Love you guys so much! I dont get to talk to really any rats fans living in GA so it's great to listen to your podcast over the past years. We are truly in a shit storm right now😂😂. But yall make the ride a little easier knowing im not the only person feeling annoyed! Haha keep it going boys we are in for a longggg ride
This just frustrates tf out of me cause the city of Nashville put up 1.2 billion just in taxpayers money for a 4 billion dollar football stadium. Our whole price of the stadium is the total price Nashville payed just in taxpayers money. It’s fucked
*Nashville is issuing $760 million dollars in revenue bonds, NOT taxpayers money. The State of Tennessee is kicking in $500 million, and the Titans were initially putting in $840 million, which has grown to $940 million. Nashville was contractually obligated to do so. The total project is $2.2 billion, not $4 billion.
@GeraldM_inNC The RAYS don't want that fully. I will tell you that years ago when the Ybor plan was pushing forward, Stuart Sternberg was putting up 1/4 of the price. Hillsborough County was willing to throw in and MLB was throwing in too. There was a shortfall in which Hillsborough County put to the voters asking them to approve a 1 cent sales tax increase for 20yrs and then the stadium would be built. The voters turned it down and Tampa/ Hillsborough corporations wouldn't put up the money without a signed deal because they weren't going to throw money to Pinellas County. So, it is possible. There are 3 potential locations 2 in Tampa and 1 just north of Tampa that could handle a Major League Ballpark.
@@GeraldM_inNCthey have a bed tax too. Plenty of money to go around with them and the Bucs. Plus they don’t need to use the money on the beaches like pinellas does
The bonds must be approved because initial approval was in July, these bond votes were meant to be a formality, procedural, if city or county don't approve bonds then they sink the deal which means the Rays will keep development rights for other 65 acres and relocate team to different part of country
You hit the nail on the head, Kevin. The money that Stu will get from the development of the remaining land will more than pay for any cost overruns. The Rays’ attitude is pathetic unless they have been assuming that the county counsel won’t approve the bond issuance under any circumstances.
The Rays are a team that is looking to finalize the bond deal as agreed. The delay of the vote will delay the opening of the development by a year, which will lead to higher costs. The cost of such massive development of this nature is very vulnerable to time delays. Inflation and MLB scheduling is a ticking clock, and politicians do not recognize the cost of this delay. They are looking at it from the lens of pretending to be tough to get votes. I think this standoff will conclude or fail in the next 30 days. By January we will know how this concludes and might lead to undesirable consequences.
I'm sorry... But, I DISAGREE with your take... I don't think Rays are trying to change the deal... I actually think it is the exact opposite!!! I think they love this deal so much, and thought it was a done deal, and now they are scared or frustrated that it is in jeopardy!!! They are like a kid promised a new video game today, then at the last second the parent says lets just wait a couple of days... The kid is too impatient and wants it now, and is worried they may not get the game.... I also think if bonds are approved on December 17th, the deal will be right back on track...
No. Any Tampa/Hillsborough politician who is willing to vote for constructing a billion dollar taxpayer-funded stadium for the Rays would be voted out of office.
Yes. You need to listen to @jp peterson show. He knows way more than these guys. He has better sources. Tampa and setting up their pitch for the rays and a New ownership group may be On the horizon
@joelrobinson4497 An ownership group in SLC is ready, willing and able to buy the Rays today. Sternberg doesn't want to sell. At any rate , I find it hard to believe that some local consortium in Hillsborough County not only can afford to buy the team from Sternberg at market value but can also fund a new stadium .
Tampa/St. Pete/Sarasota is a large television market, but then so was Oakland. The Tampa Bay Area is expensive and the median household income is on the lower end of MLB markets.
@@trclark7689 Adding the Rays to Ybor City would likely be a net positive for Tampa Bay. The team’s presence would enhance the city’s sports and cultural scene, create an economic boost through jobs and tourism, and solidify Tampa’s position as a premier destination for professional sports. The success of such a move would hinge on thoughtful planning to address infrastructure needs and ensure community benefits.
I don't understand the people that want Stu to sell the team. For starters, there are no investors in the Bay Area that are going to pay full price and still have to deal with the stadium issue. If Stu is forced to sell because local government stuck him in the back, why would it benefit Stu to sell to local investors instead of to the highest bidder?
@@TB3SportsTalkright, but Stu wasn’t local. Neither were the Glazers nor Vinik. It’s easy to say “sell to local interests” but there doesn’t seem to be anyone with the money or desire to not only buy the team, but also have to put $700-$800 million into a stadium. If Stu sells, this team is gone. Even if he doesn’t sell, it’s looking 50/50 right now.
Pinellas County and City of St Pete are being schooled and are totally out of their league, pardon the pun. Unfortunately, I don't see this resolved and will probably get a lot uglier. Does anyone see these parties making a mutual deal? Rays hold leverage and can force City to make repairs on trop 1.0, if not just more lawsuits. MLB should take more ownership of these stadium deals so it doesn't come back making everyone look so bad.
I do not believe the Rays have the money. Stu is not a billionaire. Just look at his net worth, which some is tied to the Rays ownership. By playing at Steinbrenner, they will lose at least 445k in attendance. That’s a huge revenue shortfall that they can’t make up because of the size of the stadium. The best outcome is for Stu to sell to a billionaire who can operate this team.
It's certainly not a big market. Do we have tremendous tv ratings? Of course we do. But, a way of seeing how invested your market is in your team, look at the media scrums--how many outlets are there? Is there pressure from the media to the team? We might not be a small market, but we're not a big market.
@@LockedOnRays There's plenty of media outlets and fans pressuring in the team to make changes. You guys are in your own bubble where you believe everything the Times puts out and that’s it
I saw Kevin and Sully together. Sully seems like a good guy, but he is ridiculously predictable with his shtick. I can see the headline and know exactly what he is going to say. Owners should spend more, no matter if the business can do so judiciously. He loves the mega and long-term deals that are furiously pulling the league toward a CBA showdown that is not only with the players but also lines in the sand between the low- and high-revenue owner groups. Sully's mantra is that if someone is wealthy on paper, making poor decisions so fans feel good is always the appropriate response. It's ok to dislike the Rays and A's ownership for whatever reason one wants. If we fail to see the dichotomy between the Yankees, Dodgers, Phillies, Mets, and a few others with the rest of the league, it will be quite manifest in two seasons. MLB's systemic inequality is not sustainable.
The deal only required 1200 affordable units and they could pay a penalty to avoid honoring them. Deal was terrible anyway. Not good enough for $500 mil from taxpayers.
Brother go find how many affordable units the city of Nashville is gonna put in the new Nissan stadium for the total price of 1.2 billion strictly from tax payers. Did you find any? I didn’t
@ yeah basically the WHOLE PRICE OF CONSTRUCTION for the rays and st pete is what Nashville payed for….. and Tampa makes double their GDP… and this deal offers affordable housing…. All they need to do is make the investment into the community….
Appreciate you boys, RAYS UP
12:08 the problem with this idea that he's not rich enough to own a baseball team is any other person with more wealth will not want to do this deal as it stands with St. Petersburg. Anyone with more wealth would buy the team under the condition that they get to relocate.
Let's face facts. It's well known in this day and age that waiting makes things cost more. This was agreed to in July. Why would you wait until you have two additional no votes on your board to conduct a vote if you weren't trying to back out of the deal?
100%
I don't understand Rays fans delight in demanding that Stu sell the team. Local ownership groups don't exist in the Bay Area and outside interests are going to bid way more than someone local will anyway. When you demand that Stu sell the team, you're basically slitting your own throat. If Stu sells, the Rays are GONE.
To be honest though, I think the Rays are done with this deal. The only reason they haven't terminated the agreement is because they don't want to lose the 65 acres they have to develop.
@@trclark7689I agree on the 65 acres and I think the county regretted giving that land not long after making the deal.
@@greatonepro it's wild because the same thing happened in Oakland with the A's. Last I heard, Oakland was still trying to negotiate a buy back.
@@trclark7689 Oakland is going to pay enough to help build the Vegas stadium. Which will make that even more sad for Oakland.
Latvala didn’t like the outcome. Used the hurricane to get the result he wanted. Saying if they gave him a heads up about playing in Tampa would make him do anything different is laughable. At least one thing came out of this and that is Latvala should not be in any position of power.
Its clear that no one seems to want to get this entire stadium thing done there in Florida so pull up stakes Rays and bring your team and franchise out West to Oakland,CA.. Theres good weather just about all the time...theres a fantastic ,devoted fan base out awaiting you plus you would be playing in a very lucrative area . The Coliseum suffers from years of neglect but it can be fixed and theres always the possibility of building a new ballpark. Currently the Coliseums site is next to BART the 880 Freeway is on none side and the 580 Freeway is on the other side.The Oakland Airport is nearby and has connection to BART . You do have options IF you do choose to relocate.
Not happening
LMFAO. Oakland, the asshole of America. The poorest, most crime-ridden city in the country, run by utter lunatics voted in by the good citizens of Oakland. No pro sports team wants to be in such a place.
Good stuff, guys!
I don't believe this is on the Rays.
Their only missteps have been keeping the cards so close to the chest, securing/announcing Steinbrenner Field and some public comments about how important getting the bonds passed in a timely manner would be to the ability to continue w the deal.
The Rays lost their place to play and secured the biggest, closest venue they could w their own $.
They're going to lose countless dollars in revenue in many different avenues just from that alone.
They also need the bond approvals to show potential investors that this thing is happening and will be able to be wrapped up by the original date. Investors need to be able to see when they're going to see their ROI so they will invest.
Pushing back the bond votes complicates things by allowing new elected officials, some of whom oppose the stadium and have not been working towards this project to delay/complicate the deal. Approve the bonds already, and let's move forward! The egos seem to lie w the government officials who didn't get the Rays to Clearwater. The Rays even saved the city $ by telling them not to repair the Trop. The city/county seems to be posturing to get the Rays to pull out of the deal because they realize they gave up too much on the redevelopment side. If anyone is not holding up their end of the bargain, it's the city of St. Petersburg and Pinellas County, IMO.
Tampa? Hillsborough County recently went to court to prevent a referendum on a tax increase …. For schools and teacher pay. So, baseball stadium?
Didn't think we'd reach a point where it would come to this. Probably the best solution as Ulises said is for Stu to sell the team to local investors to keep the team in Tampa.
Why would Stu sell to local investors? If he's to the point where he has to sell the team and he's not from the Bay Area anyway, why would he not sell to the highest bidder?
Guess it is just hope on my part. I don't know Mr. Sternberg personally of course, but I would hope that he would not want relocation to become his legacy with the Rays. It is different with Fisher and Oakland because he does not have the long history with the franchise the way Stu has with the Rays whereby under his ownership the team improved massively from where it was under Namoli. That positive legacy goes away if they leave Tampa/St. Pete.
@@Elephant2024 John Fisher has been an owner with the A's since 2005, he became sole owner in 2016. There's a difference between Fisher and Stu though...
John Fisher was born in San Francisco, attended school in the Bay Area at Stanford, and he inherited GAP from his parents, which is also headquartered in San Francisco.
Stu is from New York, attended school in New York, and lives in New York.
He has no legacy to leave in Tampa. If/when he sells the team, I would assume that he'd just continue his career in New York.
Love you guys so much! I dont get to talk to really any rats fans living in GA so it's great to listen to your podcast over the past years. We are truly in a shit storm right now😂😂. But yall make the ride a little easier knowing im not the only person feeling annoyed! Haha keep it going boys we are in for a longggg ride
Thank you so much for the comment, it means a lot to us. We're all in this together!!
Latvala didn’t like the outcome. Used the hurricane to get the result he wanted.
I must say that the recent episodes have been more interesting than a breakdown of Taylor Walls’ 2024 campaign.
This just frustrates tf out of me cause the city of Nashville put up 1.2 billion just in taxpayers money for a 4 billion dollar football stadium. Our whole price of the stadium is the total price Nashville payed just in taxpayers money. It’s fucked
*Nashville is issuing $760 million dollars in revenue bonds, NOT taxpayers money. The State of Tennessee is kicking in $500 million, and the Titans were initially putting in $840 million, which has grown to $940 million.
Nashville was contractually obligated to do so.
The total project is $2.2 billion, not $4 billion.
Please come to Tampa! New start! There are a couple of spots available!
Really? Is Tampa/Hillsborough willing to pay for the construction of the stadium? That's what the Rays want.
@GeraldM_inNC The RAYS don't want that fully. I will tell you that years ago when the Ybor plan was pushing forward, Stuart Sternberg was putting up 1/4 of the price. Hillsborough County was willing to throw in and MLB was throwing in too. There was a shortfall in which Hillsborough County put to the voters asking them to approve a 1 cent sales tax increase for 20yrs and then the stadium would be built. The voters turned it down and Tampa/ Hillsborough corporations wouldn't put up the money without a signed deal because they weren't going to throw money to Pinellas County. So, it is possible. There are 3 potential locations 2 in Tampa and 1 just north of Tampa that could handle a Major League Ballpark.
@@GeraldM_inNCthey have a bed tax too. Plenty of money to go around with them and the Bucs. Plus they don’t need to use the money on the beaches like pinellas does
I heard that if the Rays don’t back out they get to keep the land. I’m not sure if this is true or not.
I truly believe Latvala and Eggers will hear all the back n forth and say they are open to it....but will NEVER sway from a no vote.
The bonds must be approved because initial approval was in July, these bond votes were meant to be a formality, procedural, if city or county don't approve bonds then they sink the deal which means the Rays will keep development rights for other 65 acres and relocate team to different part of country
Remember….Here to Stay. 😅
I bought a shirt in April at a thrift store knowing it was going to age like fine wine! One of the best purchases I have ever made 😂
In more relevant news, C - K. Higashioka to TX on a 2yr deal 😢
You hit the nail on the head, Kevin. The money that Stu will get from the development of the remaining land will more than pay for any cost overruns. The Rays’ attitude is pathetic unless they have been assuming that the county counsel won’t approve the bond issuance under any circumstances.
St Pete will do the vote 12/12 meeting, then county will do vote 12/17 meeting
The Rays are a team that is looking to finalize the bond deal as agreed. The delay of the vote will delay the opening of the development by a year, which will lead to higher costs. The cost of such massive development of this nature is very vulnerable to time delays. Inflation and MLB scheduling is a ticking clock, and politicians do not recognize the cost of this delay. They are looking at it from the lens of pretending to be tough to get votes. I think this standoff will conclude or fail in the next 30 days. By January we will know how this concludes and might lead to undesirable consequences.
I'm sorry... But, I DISAGREE with your take... I don't think Rays are trying to change the deal... I actually think it is the exact opposite!!! I think they love this deal so much, and thought it was a done deal, and now they are scared or frustrated that it is in jeopardy!!! They are like a kid promised a new video game today, then at the last second the parent says lets just wait a couple of days... The kid is too impatient and wants it now, and is worried they may not get the game.... I also think if bonds are approved on December 17th, the deal will be right back on track...
Utah has 900 million sitting on the table to assist in building a new stadium. That's where there going. Sorry Tampa
The Rays will be leaving the Florida
I think next season is the last season the Rays are in TB
Will City of Tampa ever, EVER sweep in and actually get OUR team HOME. In Tampa Bay!
No. Any Tampa/Hillsborough politician who is willing to vote for constructing a billion dollar taxpayer-funded stadium for the Rays would be voted out of office.
Yes. You need to listen to @jp peterson show. He knows way more than these guys. He has better sources. Tampa and setting up their pitch for the rays and a New ownership group may be On the horizon
@joelrobinson4497 An ownership group in SLC is ready, willing and able to buy the Rays today. Sternberg doesn't want to sell. At any rate , I find it hard to believe that some local consortium in Hillsborough County not only can afford to buy the team from Sternberg at market value but can also fund a new stadium .
Tampa is a big market
It’s a small to medium market
@@dagobert1234321we’d be in the medium if we were in ybor
Tampa Bay area is the 11th TV market in the nation.
Tampa/St. Pete/Sarasota is a large television market, but then so was Oakland.
The Tampa Bay Area is expensive and the median household income is on the lower end of MLB markets.
@@trclark7689 Adding the Rays to Ybor City would likely be a net positive for Tampa Bay. The team’s presence would enhance the city’s sports and cultural scene, create an economic boost through jobs and tourism, and solidify Tampa’s position as a premier destination for professional sports. The success of such a move would hinge on thoughtful planning to address infrastructure needs and ensure community benefits.
I don't understand the people that want Stu to sell the team. For starters, there are no investors in the Bay Area that are going to pay full price and still have to deal with the stadium issue. If Stu is forced to sell because local government stuck him in the back, why would it benefit Stu to sell to local investors instead of to the highest bidder?
MLB may force his hand to sell local. Look what happened with Vince Naimoli
@@TB3SportsTalkright, but Stu wasn’t local. Neither were the Glazers nor Vinik.
It’s easy to say “sell to local interests” but there doesn’t seem to be anyone with the money or desire to not only buy the team, but also have to put $700-$800 million into a stadium.
If Stu sells, this team is gone.
Even if he doesn’t sell, it’s looking 50/50 right now.
Pinellas County and City of St Pete are being schooled and are totally out of their league, pardon the pun. Unfortunately, I don't see this resolved and will probably get a lot uglier. Does anyone see these parties making a mutual deal? Rays hold leverage and can force City to make repairs on trop 1.0, if not just more lawsuits. MLB should take more ownership of these stadium deals so it doesn't come back making everyone look so bad.
MLB should force a sale. Rays owners are broke.
I do not believe the Rays have the money. Stu is not a billionaire. Just look at his net worth, which some is tied to the Rays ownership. By playing at Steinbrenner, they will lose at least 445k in attendance. That’s a huge revenue shortfall that they can’t make up because of the size of the stadium. The best outcome is for Stu to sell to a billionaire who can operate this team.
This isn’t a small market market 😡 stop drinking the cool aid. Stu makes it seem that way and you guys choose to believe it
It's certainly not a big market. Do we have tremendous tv ratings? Of course we do. But, a way of seeing how invested your market is in your team, look at the media scrums--how many outlets are there? Is there pressure from the media to the team? We might not be a small market, but we're not a big market.
@@LockedOnRays There's plenty of media outlets and fans pressuring in the team to make changes. You guys are in your own bubble where you believe everything the Times puts out and that’s it
I saw Kevin and Sully together. Sully seems like a good guy, but he is ridiculously predictable with his shtick. I can see the headline and know exactly what he is going to say. Owners should spend more, no matter if the business can do so judiciously. He loves the mega and long-term deals that are furiously pulling the league toward a CBA showdown that is not only with the players but also lines in the sand between the low- and high-revenue owner groups. Sully's mantra is that if someone is wealthy on paper, making poor decisions so fans feel good is always the appropriate response. It's ok to dislike the Rays and A's ownership for whatever reason one wants. If we fail to see the dichotomy between the Yankees, Dodgers, Phillies, Mets, and a few others with the rest of the league, it will be quite manifest in two seasons. MLB's systemic inequality is not sustainable.
The deal only required 1200 affordable units and they could pay a penalty to avoid honoring them. Deal was terrible anyway. Not good enough for $500 mil from taxpayers.
Brother go find how many affordable units the city of Nashville is gonna put in the new Nissan stadium for the total price of 1.2 billion strictly from tax payers. Did you find any? I didn’t
@ disgusting
@ yeah basically the WHOLE PRICE OF CONSTRUCTION for the rays and st pete is what Nashville payed for….. and Tampa makes double their GDP… and this deal offers affordable housing…. All they need to do is make the investment into the community….