A Jacksonville group led by billionaire Patrick Zalupski have agreed to buy the Rays for an estimated price of $1.7 billion, according to The Athletic. The deal is expected to be finalized by September after negotiations took place over the past weeks. The Rays' principal owner, Stu Sternberg, bought the franchise in 2004 for $200 million.

It looks like Tampa Bay Rays fans will have plenty more years to cheer on the team as new ownership appears to be around the corner. According to a report from The Athletic, the Rays will be sold to a group led by Jacksonville,

The Tampa Bay Rays will be sold to developer Patrick Zalupski and his group for approximately $1.7 billion, with the sale possibly finalized before the end of t