Who owns the Tampa Bay Rays?

The Tampa Bay Rays are an American professional baseball team based in St. Petersburg, Florida.

The Rays compete in Major League Baseball as a member club of the American League East division.

Since its inception, the team’s home venue has been Tropicana Field.

Who owns the Tampa Bay Rays?

The Tampa Bay Rays is owned by Stuart Sternberg, a Wall Street investor.

Stuart Sternberg began his professional career trading equity options part-time at the American Stock Exchange while attending St. John’s University earning a degree in finance.

After college, Stuart Sternberg was hired by investment group Spear, Leeds & Kellogg, and he eventually became a partner in the firm before he moved to Goldman Sachs. In 2002 he retired from the company as a partner.

Stuart Sternberg has served on several committees and advisory boards in the financial securities industry.

Stuart Sternberg is the principal shareholder of the ownership group that owns the Tampa Bay Rays and acts as the team’s Managing General Partner since November 2005.

Stuart Sternberg purchased a 48% plurality-share in the previously named Devil Rays (now known as the Tampa Bay Rays) in May 2004 from Vince Naimoli and took over operations becoming a managing general partner in October 2005.

Stuart Sternberg then structured his bid for controlling interest in the team with fellow Goldman Sachs partner Matthew Silverman whom he hired as the team’s president.