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Reports suggest that multiple groups are actively pursuing the acquisition of the Rays. Among them is a Tampa-based consortium led by businessman Joe Malloy, who is currently in negotiations to purchase the team. Malloy's group is backed by significant local supporters poised to continue the planned stadium deal in St. Petersburg. He indicated that the group would focus on enhancing the city’s efforts to solidify the Rays' presence there.
“Incredibly excited about this opportunity,” Malloy stated, solidifying his position as the spokesperson for this ownership effort while maintaining confidentiality about other stakeholders involved.