ST. PETERSBURG, Fla. — The Tampa Bay Rays have announced that Presidents Matt Silverman and Brian Auld have chosen to step down from their roles in connection with the franchise’s sale, which is expected to close within the next two weeks pending final approvals.
The team made the announcement in a news release on Wednesday.
Silverman will conclude his tenure with the organization after more than two decades of service.
“While he will not have a formal role with the club moving forward, he will represent current principal owner Stuart Sternberg and his partners on an executive advisory board being established by the new ownership group,” the team said.
Auld has also elected to step down as president but will remain with the Rays as a senior advisor to ownership and the leadership team during the transition and beyond.
Silverman reflected on his tenure with the organization, saying:
“It has been one of the greatest joys of my life to serve the Rays and help make a lasting impact on the Tampa Bay region. What makes me proudest is seeing how the Rays have become woven into the region’s identity, with a true generational fan base taking shape.”
Auld praised the organization’s employees and reflected on his career with the franchise, saying: “This organization has never only been about the wins and losses, it’s been about heart, purpose, and community. I’m deeply proud of all we’ve built together, and that pride comes from sharing this journey with some of the most dedicated, talented, and creative people I’ve ever known.”
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