The Tampa Bay Rays announced two presidents will step down from their roles ahead of the franchise's sale, which is expected to close within the next two weeks.

The Rays said Matt Silverman and Brian Auld decided to step down as presidents pending the close of the sale. Silverman will not have a formal role with the club moving forward but he will represent current owner Stu Sternberg on an executive advisory board that's being established with the new ownership group.

Auld will stay with the Rays as a senior advisor to ownership and leadership during the transition and beyond.

Silverman gave this statement on his over 20 years of service with the franchise:

This organization has never only been about the wins and losses, its been about heart, purpose, and community. Im deeply proud of

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