A Florida-based ownership group headed by business executive Patrick Zalupski has officially taken control of the Tampa Bay Rays, marking a significant shift for the franchise.

The sale from former principal owner Stuart Sternberg was finalized on Tuesday and unanimously approved by Major League Baseball owners. The purchase price was not made public.

Its an incredible honor to become the stewards of the Tampa Bay Rays, a franchise with a proud history and a bright future, said Zalupski. We are especially privileged to have been chosen by Stu Sternberg as his successors, and were all energized by the responsibility to serve Rays fans everywhere and this great game. I want to sincerely thank Commissioner Rob Manfred and the entire Major League Baseball community for their trust and suppor

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