Orlando’s ongoing effort to lure the Tampa Bay Rays, or perhaps a Major League Baseball expansion team to Central Florida, gained major traction Thursday with the announcement that $1.5 billion in funding has been pledged to attract an MLB team and build a new stadium.
The announcement was made by the Orlando Dreamers — an organization started by late Orlando Magic co-founder Pat Williams to bring a baseball team to town. The funding, according to the Dreamers, comes in the form of “preliminary letters of intent and verbal commitments from qualified investors.”
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