Hillsborough County approves funding for new Rays stadium in Tampa
Yahoo Sports • 1 min read • Latest: Aug 28, 2026, 5:20 PM
Last updated Aug 28, 2026
Hillsborough County has approved $796 million in funding for a new Tampa Bay Rays stadium, securing the team's future in the region. The stadium is set to be constructed across from Raymond James Stadium, home of the Buccaneers, as part of a broader redevelopment project. The overall cost of the project is estimated at $2.3 billion, with the Rays committing $1.37 billion and additional public funding from various sources. Construction is planned to begin soon, targeting the 2029 season for the inaugural games at the new facility.
- •Rays will pay $4 million annually in rent for the stadium site.
- •Construction aims to start soon, targeting the 2029 season for opening.
- •The new stadium will include initiatives to revitalize Hillsborough College.
- •Total project cost is estimated at $2.3 billion.
- 5:20 PMYahoo Sports — Hillsborough County approves $796 million to fund new Rays stadium in Tampa
"It’s a beautiful day in Tampa Bay. After decades of unknowns and threats to move, a new owner and a new future have finally secured the Rays a new home in the population center of Tampa. The new stadium will be built across the street from Raymond James Stadium, home of the Tampa Bay Buccaneers, […]
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