What is the latest update on the development of Tropicana Field? St. Pete Mayor Rick Kriseman joined AM Tampa Bay with the latest. Also, What is Mayor Kriseman's current relationship with Stu Sternberg?
Tampa Bay Rays principal owner Stu Sternberg sued for alleged fraud scheme
Evan Axelbank reports
ST. PETERSBURG, Fla. - The Tampa Bay Rays have been winning games left and right. But now a lawsuit says principal owner Stu Sternberg isn t playing fair off the field.
In seeing his shares grow from 49 to 85% since 2004, the suit - which is filed by five owners who own a combined 10% - says he was secretly paying himself while strategically withholding distributions, saddling the limited partners with massive tax obligations, pressuring some to sell shares, and transferring all the valuable assets into a new company he owned.
City of St. Petersburg announces Tropicana Field development partner shortlist
WFTS
and last updated 2021-03-09 15:43:44-05
That shortlist of prospective partners has been invited to submit further details and participate in a robust public engagement phase of the application, with a final selection of a partner to be made later this year.
The four prospective partners on the shortlist are: We received many quality submissions to redevelop the Tropicana Field site, and I am thankful for the time, money, and energy that each team expended. Four submissions clearly stood out as truly exceptional and I am excited for our residents to learn more about each one. The future of that site, with or without baseball, has never been brighter. As I ve said time and again, this is our chance to get it right, and to right wrongs. I encourage everyone to remain engaged in this process as we move forward, said Mayor Rick Kriseman.
St. Petersburg Mayor
Kriseman held onto his
No. 5 spot on the list of Tampa Bay’s most powerful politicians after dropping one spot from No. 4 in 2019.
Kriseman’s place in the Top 5 is earned as he faces his final year in office before facing term limits.
Under Kriseman’s seven-year tenure, St. Pete shed its image as Tampa’s redheaded stepchild and emerged as a regional powerhouse in its own rite.
Sure, its sports teams still don the “Tampa Bay” in their names, but St. Pete is a city all its own, and on the rise. Kriseman has celebrated what makes St. Pete special throughout his tenure its quaint downtown, a booming craft beer scene and its picturesque subtropical views.