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NewsFox 13 News (WTVT) — Local NewsAugust 31, 2026Hillsborough

Tampa City Council and Hillsborough County approve $876 million for new Tampa Bay Rays ballpark

The Tampa City Council and Hillsborough County have authorized $876 million in public funding to support the construction of a new stadium for the Tampa Bay Rays. The team ownership group is responsible for the remaining $1.37 billion in costs and any potential construction overruns.

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Read the full story at Fox 13 News (WTVT) — Local News

Why It Matters

This decision commits $876 million in public funds toward a $2.3 billion stadium project, establishing the financial obligations for both local taxpayers and the team ownership.

Key Facts

  • The Tampa City Council and Hillsborough County approved $876 million in public funds for the new ballpark.
  • The total project cost is estimated at $2.3 billion.
  • The Tampa Bay Rays ownership group is responsible for $1.37 billion of the total cost.
  • The team ownership group is contractually responsible for any construction cost overruns.
  • Groundbreaking for the new stadium is targeted for September.

Who's Mentioned

organizationTampa City Council“Approved public funding for the ballpark”organizationHillsborough College“Site of the new ballpark and campus renovation”organizationHillsborough County“Approved public funding for the ballpark”personMatthew Addison“Hillsborough College student”personDesiray P.“Hillsborough College student”personKen Babby“Rays CEO”personKen Atwater“Hillsborough College President”organizationAECOM Hunt“Construction contractor”organizationHorus Construction Services“Construction contractor”organizationTampa Bay Rays“Professional baseball team and project developer”organizationTurner Construction“Construction contractor”