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Funding Trouble for New Stadium? | Locked On Rays
Manage episode 448540363 series 2808800
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.
Let us know what you think in the comments!
Follow Kevin Weiss @KevinWeiss_
Follow Ulises Sambrano @SambranoUlises
Follow the show @LockedOnRaysFollow & Subscribe on all Podcast platforms…
🎧 https://link.chtbl.com/LORays?sid=You...
Locked On MLB League-Wide: Every Team, Prospects & More
🎧 https://linktr.ee/LockedOnMLB
#RaysUp #LockedOnRays #RaysBaseball #TampaBayRays #ChampaBay #TeamTampaBay #TBRays #MLBPodcast
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HIMS
Hims is changing men's healthcare by providing access to affordable sexual health treatments, all from the comfort of your home. Start your free online visit today at Hims.com/LOCKEDON for your personalized ED treatment options.
Ibotta
Download the FREE Ibotta app now and use code LOCKEDONMLB to get 100% cash back on your Thanksgiving feast starting November first!
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Gametime
Download the Gametime app, create an account, and use code LOCKEDONMLB for $20 off your first purchase. Terms apply.
FanDuel
FanDuel, America’s Number One Sportsbook. As playoffs wind down, the sports stop sporting like we want them to. But this summer, FanDuel is hooking up ALL CUSTOMERS with a boost or a bonus, DAILY! That’s right, there’s something for everyone, every day, all summer long! Visit FANDUEL.COM/LOCKEDON and add a big win to your summer bucket list!
FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)
1296 episod
Manage episode 448540363 series 2808800
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.
Let us know what you think in the comments!
Follow Kevin Weiss @KevinWeiss_
Follow Ulises Sambrano @SambranoUlises
Follow the show @LockedOnRaysFollow & Subscribe on all Podcast platforms…
🎧 https://link.chtbl.com/LORays?sid=You...
Locked On MLB League-Wide: Every Team, Prospects & More
🎧 https://linktr.ee/LockedOnMLB
#RaysUp #LockedOnRays #RaysBaseball #TampaBayRays #ChampaBay #TeamTampaBay #TBRays #MLBPodcast
Support Us By Supporting Our Sponsors!
HIMS
Hims is changing men's healthcare by providing access to affordable sexual health treatments, all from the comfort of your home. Start your free online visit today at Hims.com/LOCKEDON for your personalized ED treatment options.
Ibotta
Download the FREE Ibotta app now and use code LOCKEDONMLB to get 100% cash back on your Thanksgiving feast starting November first!
Robinhood
Robinhood Gold provides the privileges of a high net worth for any net worth. These generous benefits are now available for only $5/month. The new gold standard is here with Robinhood Gold. Sign up at ROBINHOOD.com/GOLD
Gametime
Download the Gametime app, create an account, and use code LOCKEDONMLB for $20 off your first purchase. Terms apply.
FanDuel
FanDuel, America’s Number One Sportsbook. As playoffs wind down, the sports stop sporting like we want them to. But this summer, FanDuel is hooking up ALL CUSTOMERS with a boost or a bonus, DAILY! That’s right, there’s something for everyone, every day, all summer long! Visit FANDUEL.COM/LOCKEDON and add a big win to your summer bucket list!
FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)
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