The Tampa Bay Rays' $1.7 billion sale to a group led by a Jacksonville-based developer could become official by September, with the two sides agreeing in principle to a deal, according to a report published by The Athletic.

The deal is worth about $1.7B and is expected to be completed as soon as September. The report adds that Zalupski plans to keep the club in the Tampa area, with a preference for Tampa proper over St.

With a $1.7 billion agreement in princple with Jacksonville developer Patrick Zalupski, the sale could be completed as early as September, according to The Athletic. The new ownership's preference is to play in Tampa.