It was reported yesterday that the Rays would be announcing a plan for a proposed new stadium in St. Petersburg today, and Marc Topkin of the Tampa Bay Times relayed the details of the festivities. The stadium itself will cost $1.3 billion but is part of a larger redevelopment of the Historic Gas Plant District site, where Tropicana Field is already located, which will cost $6.5 billion overall. Despite the announcement, the financing hasn’t quite been finalized just yet. The Rays are covering more than half of the $1.3 billion price tag for the stadium, approximately $700MM. That leaves $600MM to be covered by the city of St. Petersburg and Pinellas County. That structure has been agreed to
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