Tampa Bay Rays and local officials announce a tentative $2.3B deal for a new ballpark

MIAMI — The Tampa Bay Rays and local officials announced a tentative $2.3 billion agreement on Thursday for a new ballpark funded by public and private money.

The nonbinding memorandum of understanding among the Rays, Hillsborough County and the city of Tampa outlines the costs of a stadium, which would include $967 million of tax dollars. Elected officials for the city and county are expected to vote on the deal at separate meetings next week.