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Mayor's proposal would allow Rays to look at possible stadium sites

ST. PETERSBURG – Mayor Rick Kriseman sent the city council another agreement with the Tampa Bay Rays on Thursday in an attempt to determine whether the team stays in the city or leaves.

The deal adds a few new twists to Kriseman’s original proposal, which would have cost the team up to $24 million to leave Tropicana Field before its lease with the city expires in 2027.

That buy-out remains, but Kriseman’s proposal includes incentives that would allow the team to share in redevelopment revenue on the 85-acre site that the city would put in escrow. The team would get half if it stays in the city up to or beyond 2027.