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Tampa Bay Rays news and links: More discussion of stadium dollars

Related Topics: Stuart Sternberg

Rays principle owner Stuart Sternberg spoke again about the Rays’ contribution to a proposed new stadium, reiterating that they’re looking to pay $150 million of an estimated $800 million cost, but that that number could change. Marc Topkin of the Tampa Bay Times wrote about it.

This set of comments doesn’t really contain anything new, but it is a bit more nuanced than what Sternberg has said before. Basically, he claims that that number is based on an estimate of what it would take to pay off the debt over 25 years, while also raising payroll an undisclosed amount, and that the thing that would change the amount the Rays were willing to put in would be an increase in support from the Tampa Bay business community (in the form of increased season tickets sales, I assume).