Tropicana Subject, house to the Tampa Bay Rays since their inaugural season in 1998, was considerably broken throughout Hurricane Milton, notably the shredding of the roof. Whereas it has been clear that the ballpark wouldn’t be prepared to start the 2025 season, a a brand new St. Petersburg Metropolis Council report units the timeline because the opening of 2026, together with a price ticket of roughly $55.7 million to restore the stadium, in response to the Tampa Bay Occasions.
With the Rays set to construct a brand new ballpark that’ll be prepared for the beginning of the 2028 season, meaning the town must resolve whether or not or to not spend greater than $55 million for a ballpark that’ll solely be used for 2 seasons.Â
As for potential insurance coverage protection, the Occasions notes the next:Â
The town is the owner and answerable for repairs to the stadium, and already has filed an insurance coverage declare. The town coverage features a $22 million deductible and $25 million of protection — diminished in March from $100 million so the town might save $275,000 in premium funds.
First off, it certain seems to be like they need to’ve saved that $100 million coverage, however what’s executed is completed. Mainly what occurs now for the repairs is the town must pay that $22 million deductible earlier than $25 million in insurance coverage cash can be utilized on the repairs. That may get them to $47 million of the estimated $55 million, including one other $8 million to the town’s invoice.
The largest takeaway right here from the baseball perspective is the Rays might be cleared to play within the Trop after only one season away when it was unclear they’d ever be capable to return. It isn’t, nonetheless, a certain factor with the brand new ballpark coming and that restore price ticket hanging over the top of the town of St. Pete.Â
