Patrick Zalupski

The Rays' new owners are talking about a "public-private partnership" being the only way a new stadium could be built in the Tampa Bay area. There are a few ways that could take shape.

Will the Rays consider an open-field stadium or a retractable roof? And will the new owners increase player payroll? They addressed these, and other issues, during their introductory news conference.

On "Florida Matters: Live & Local," guests join us to discuss the Rays’ stadium plans and property tax pressures.

At an introductory news conference, Patrick Zalupski and top executives Ken Babby and Bill Cosgrove said there is a sense of urgency to get a ballpark built as part of a revenue-generating, mixed-use development.

Patrick Zalupski closed on the reported $1.7 billion purchase from Stuart Sternberg. And the first order of business for the new owner: Finding a place for his team to play.

With a sale of the team imminent, outgoing owner Stuart Sternberg says selling was hard but the right move for the Tampa Bay area: "My time had come."

The estimated $1.7 billion deal is anticipated to formally close later this week. MLB owners unanimously approved the sale Monday.

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.

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.

Commissioner Rob Manfred says, “I have no reason to quibble with or dispute the reports," about the Rays expected $1.7 million sale to a group led by Jacksonville developer Patrick Zalupski.