Rays announce they won't move ahead with new ballpark

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Rays principal owner Stuart Sternberg released a statement about the ballpark situation:

"Opening Day is right around the corner, and we are eager and prepared for what promises to be an exciting and fun season of baseball. Thanks to our dedicated staff and players, our fans will experience the game in one of the most intimate settings in modern baseball history.

"As we all recover from impacts of the hurricanes, we are incredibly grateful for the support from our fans and the wider Tampa Bay community. We are especially appreciative of how our corporate partners have stepped up during this challenging time for our organization.

"After careful deliberation, we have concluded we cannot move forward with the new ballpark and development project at this moment. A series of events beginning in October that no one could have anticipated led to this difficult decision.

"Our commitment to the vitality and success of the Rays organization is unwavering. We continue to focus on finding a ballpark solution that serves the best interests of our region, Major League Baseball and our organization.

"The city of St. Petersburg is currently advancing plans to restore Tropicana Field for the 2026 season. We are thankful for their efforts and are excited to return to our home field next spring."