Rays map $967M public stake in new stadium plan ahead of key votes

The Rays released a non-binding memorandum of understanding outlining a $967 million public contribution toward a $2.3 billion stadium, a shift from the prior $1.065 billion subsidy. The MOU comes ahead of anticipated votes by the Tampa City Council and Hillsborough County Commissioners and a June 1 deadline for definitive agreements. If approved, the deal would help secure state funding to redevelop the Dale Mabry campus of Hillsborough College and advance a privately financed development, though state lawmakers say funding should wait for local agreements.