Orlando Dreamers

The group’s chief operating officer said the Dreamers still have more than $1 billion in team acquisition capital under letters of intent as it continues pursuit of the Rays or any other MLB team.

Dr. Rick Workman, once the Orlando group's primary financier, is now the third largest investor in the assemblage planning to keep the team in Tampa Bay. Law firm owner John Morgan says he is also out.

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.

With the team negotiating a deal that would make relocation unlikely, the lawyer and investor in the Orlando Dreamers says "the Tampa area does not compare with Orange County" for baseball.

While the Rays unwind their stadium conundrum, Mayor Jerry Demings says he’s been approached by more than one group, but more details are needed as well as talks on how his county would benefit.

Gov. Ron DeSantis said the state would only help with infrastructure. He also wouldn't back the Rays playing in Tampa Bay or Orlando, but suggested different ownership could help the team succeed.

The group has $1.5 billion committed to bring a team to Orlando.

The group seeking to attract a team - perhaps the Tampa Bay Rays - says John Morgan, founder of the Morgan & Morgan law firm, is also financially involved in the effort.

The group says it has a received letters of intent from investors totaling $1.5 billion — along with funds for a new domed stadium — as the future of the Tampa Bay Rays remains uncertain.

The man who helped bring an NBA team to Orlando now wants to bring a Major League Baseball team to the theme park mecca.Pat Williams, a former executive…