Find out about the owners of the Tampa Bay Rays, their source of wealth and the ownership history of the franchise.
The Tampa Bay Rays are a household name in the MLB franchise based in St. Petersburg, Florida. They are a member club of the American League East Division.
The Rays have been competing in the Major League Baseball franchise since 1998 and are currently a competitive side. The Rays have won up to two World Series championships.
Who owns the Tampa Bay Rays MLB franchise?
The Tampa Bay Rays are owned by three shareholders: Stuart Sternberg (48%), limited partners (37%), and Vincent J. Naimoli's estate (15%).
Club Net Worth and Valuation
According to figures from Forbes, the Tampa Bay Rays have a value of $1.25 billion.
Ownership History
The first owner of the Rays was Vincent J. Naimoli, between 1998 and 2004. It was acquired by Stuart Sternberg in 2005 with a controlling stake.
Founding Year
The Tampa Bay Rays were established in 1998 as an expansion franchise. The team was originally named the Tampa Bay Devil Rays before rebranding to the Rays in 2008.
Home Stadium
The Tampa Bay Rays currently play their home games at the Tropicana Field located in St. Petersburg, Florida. It has a seating capacity of around 25,025. However, for the 2025 season, the team would play at the George M. Steinbrenner Field.
Club Achievements and Trophies
The Tampa Bay Rays have not won the World Series but have AL East Division titles.