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 Athletic also reports: "Zalupski is expected to keep the team in the Tampa Bay area, with a strong preference to be in Tampa rather than St. Petersburg, the source said." Sternberg, who originally took control of the team in 2005,