Story perspectives

Rays Sold for $1.7 Billion; Sternberg Awards Staff Bonuses

10/11/2025

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Summary

Story summary

Stu Sternberg completed a $1.7 billion sale of the Tampa Bay Rays to a group led by Patrick Zalupski, with Major League Baseball approving the sale on September 22, 2025.
Despite facing criticism for low payrolls and ballpark issues, Sternberg received praise from employees for his integrity.
In his final act, he awarded cash bonuses to over 500 full-time staff, with some receiving up to a year's salary.
Under Sternberg's ownership, the Rays reached two World Series and made nine postseason appearances.

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Story summary

Stu Sternberg completed a $1.7 billion sale of the Tampa Bay Rays to a group led by Patrick Zalupski, with Major League Baseball approving the sale on September 22, 2025.
Despite facing criticism for low payrolls and ballpark issues, Sternberg received praise from employees for his integrity.
In his final act, he awarded cash bonuses to over 500 full-time staff, with some receiving up to a year's salary.
Under Sternberg's ownership, the Rays reached two World Series and made nine postseason appearances.