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.

ABC Action News reached out to city officials about this week's report swirling around the potential sale of the Tampa Bay Rays.

“Our rule has always been that people play in their home stadiums during the World Series,” Manfred told the Tampa Bay Times on Tuesday.