The Tampa Bay Rays are in discussions to potentially sell the team to a group led by a Jacksonville, Florida home builder. In a press release sent out by the Rays on Wednesday, the team announced it is in discussions with a group led by Patrick Zalupski, the CEO of Jacksonville-based Dream Finders Homes, concerning a possible sale of the team. Also in the group are Bill Cosgrove, Ken Babby and "prominent" Tampa Bay investors, according to the Rays. Babby is the owner of the Jacksonville Jumbo Shrimp, a Triple-A Minor League Baseball team in Downtown Jacksonville. The potential sale comes at a precarious time for the team and its home ballpark. This season, the Rays are playing at the George M. Steinbrenner Field in Tampa after the roof of Tropicana Field in St. Petersburg was heavily damaged during Hurricane Milton. Earlier this year, the team announced it would not be moving forward with an on-the-table deal for a new $1.3 billion stadium and surrounding redevelopment in St. Petersburg. A spokesperson with the City of St. Petersburg said the city's administration had not spoken to the Rays about the potential sale. The team had been facing a March 31 deadline to meet a series of obligations, including providing proof of funds to cover their share of the project. At the time, the city of St. Pete and Pinellas County had also signed agreements and committed millions of dollars in public funding for the project. "After careful deliberation, we have concluded we cannot move forward with the new ballpark and development project at this moment. A series of events beginning in October that no one could have anticipated led this difficult decision," Rays owner Stuart Sternberg previously said in a statement. St. Petersburg Mayor Ken Welch responded to the Rays' decision at the time, saying, "I have no interest in working with this ownership group. That bridge has been burned." In April, city council members voted to pay for a new roof for Tropicana Field — one that can withstand a Category 3 hurricane under current building codes. The city is still contractually obligated to get the Trop back in playing condition.