The Rays should declare in writing whether they want to pursue an existing financing plan for a new $1.3 billion ballpark or walk away from the deal, a top county official says.

There's already uncertainty about whether or not the local legislature will approve bonds, and now the Rays have to decide how ready they are to commit to this project.

Imagine owning a team worth $1.25 billion. You’ve worked for years on a new ballpark, only to see it wiped out. Welcome to the joys of owning the Tampa Bay Rays.

The future of the Tampa Bay Rays sits in abeyance, as more signs point to their potential stadium deal to remain in St. Petersburg, Fla. falling apart. The squad seemed set to remain in the area they’ve played in since 1998,

As the debate over a new stadium heats up, the commissioner says the league will allow time for area leaders to sort things out.

If funding were approved, St. Petersburg residents would have been on the hook for a new stadium for one of baseball’s least attended teams.