ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
The Orlando investor group vying to buy the Tampa Bay Rays has a slim chance at a successful bid, despite sweetening the pot with an additional $1 billion in financing for a new stadium, sources have told theBusiness Journal.
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The Orlando Dreamersface competition fromat least two local investor groupswho raised money to buy the team.Major League BaseballCommissioner Robert Manfred, whose blessing is needed for a sale, has voiced support publicly for keeping the Rays in Tampa Bay.
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MLB owners, whose vote of support also is needed, have shown little interest in relocating the team to a new market, since it would eliminate a prime destination for future expansion — and the substantialexpansion feesthat come with it.
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