
Taryn Sabia Proposes Public Ownership Model for Rays Stadium Instead of Taxpayer Funding
TAMPA, FL – As conversations continue around how to finance a new Tampa Bay Rays stadium, mayoral candidate Taryn Sabia is introducing a new approach that shifts the focus from taxpayer burden to community ownership. In a newly released proposal, Sabia outlines a model to create a publicly traded, regionally owned stadium entity that would allow Tampa Bay residents, businesses, and local institutions to invest directly in the project. The proposal centers on the creation of a Tampa Bay Regional Stadium Entity, or TBRSE, a structure where the Rays retain majority control while opening a significant ownership stake to the public through local investment opportunities and public markets. A publicly traded framework that enhances transparency, allows for shared investment, and ties financial performance to real, measurable outcomes allows fans to be shareholders, not just spectators. “We keep coming back to the same question about who should pay for a stadium,” said Sabia. “The better question is who should own it? Reframing the problem allows us to solve for it differently.” Under this model, public funding would be directed toward infrastructure such as transportation, roads, and stormwater improvements rather than toward the stadium itself. This approach aligns public investment with long-term community needs while reducing reliance on public funding sources for the stadium that have raised concerns among local leaders. The concept draws from the successful example in another notable market, The Battery Atlanta. Atlanta Braves Holdings operates within a publicly traded framework and demonstrates how publicly traded ownership creates investor








