After 20 years as principal owner of the Tampa Bay Rays, Stuart Sternberg is set to sell the team to Jacksonville developer Patrick Zalupski for about $1.7 billion. The deal has been agreed to in principle and could be completed as soon as September, The Athletic reported on Monday afternoon.

The Tampa Bay Rays' $1.7 billion sale to a group led by a Jacksonville-based developer could become official by September, with the two sides agreeing in principle to a deal, according to a report published by The Athletic.