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The Rays said more information about the sale and the new ownership group will be shared after the deal is completed. It is expected to close within two weeks.
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Baseball Commissioner Rob Manfred said he wants the team to stay in the Tampa Bay area and sees potential for a successful future there.
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Authorities said Franco was admitted to a mental health clinic in the Dominican Republic after his family requested the move, which was not linked to legal issues.
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It's an ambitious target, although roof repairs are well underway. St. Petersburg, which is responsible for repairs, says installation of the fabric roof panels is on track to finish in December.
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The Orlando group said it has a lender for the largest and safest portion of the money needed to buy a baseball franchise. Known as senior debt, it makes it easier and cheaper for the Dreamers to borrow.
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The city and businesses have benefitted from the regular influx of baseball fans since the Rays began play in 1998, Lawmakers say plans to replace that revenue require immediate attention.
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Any concerns raised about hosting postseason games in a smaller venue did not carry enough weight to prevent the Rays from maintaining the home-field advantage gained while Tropicana Field’s is repaired.
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With a $1.7 billion agreement in principle with Jacksonville developer Patrick Zalupski, the sale could be completed as early as September, according to The Athletic. The new ownership's preference is to play in Tampa.
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Caminero was picked this week as a All-Star replacement for the injured Alex Bregman, then learned he will start after Cleveland's Jose Ramírez opted out because of an ailing Achilles tendon.
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Lowe and Aranda learned Sunday that they won the player vote at their positions and are slated to participate in the July 15 showcase at Atlanta's Truist Park. Caminero was added Tuesday as a replacement.
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Major League Baseball acknowledged the verdict and stated it would conclude its investigation later.
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The suspended player faces charges of sexual abuse involving a girl who was 14 years old at the time.