Edition II · Thu Oct 1 · St. Petersburg

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Old Florida Money
Old Florida Money
 
 
 

Politics · Houses · Teams · People · Regions

 
Painted plate: the planned Rays ballpark, a glass-walled bowl under a pale gridshell roof, rises behind a lawn of moss-hung live oaks, with downtown Tampa's towers and the minarets of Plant Hall on the horizon to its right, mint light ribbons in a blue sky, and a star whose beam falls on the roof's crown. Links to the Lead story.
Painted plate: the planned Rays ballpark, a glass-walled bowl under a pale gridshell roof, rises behind a lawn of moss-hung live oaks, with downtown Tampa's towers and the minarets of Plant Hall on the horizon to its right, mint light ribbons in a blue sky, and a star whose beam falls on the roof's crown. Links to the Lead story.

Plate I · The Dale Mabry Ballpark

The Lead · Teams · Tampa Bay

The Rays deal heads for dirt: $876M public, $1.37B private, owner’s reps on the meter

Patrick Zalupski’s group hired Legends Global, formed by Jerry Jones and the Steinbrenner family, to watch its build and help sell naming rights and suites. Hillsborough put the Tampa Sports Authority on the public side. Most Dale Mabry campus classes move to The Nest, demolition is targeted for December, and the bond votes that release public cash are still ahead.

On Sept. 16, Hillsborough commissioners voted 5-2 to have the Tampa Sports Authority oversee the Rays ballpark design; its consultant, Skanska, starts with a $303,370 schematic review paid from the county’s contribution. Two days later the Rays named Legends Global their owner’s representative and put its sales team on naming rights and suites. The no votes came from the same two commissioners as in August: Donna Cameron Cepeda, who lost her Aug. 18 primary, and Joshua Wostal, whose race sits within the margin of error. Bond-vote dates were still unset, and CEO Ken Babby has said not a penny of city or county money moves until a Community Benefits Agreement is negotiated.

Old Florida Money desk · Thu Oct 1
Sources: WFLA; FOX 13; WUSF; Rays release (MLB.com); Business Observer; Bay News 9; WTSP; Tampa Bay Times; Hillsborough County; Florida Politics; Development and Funding Agreement (PDF hosted by WFLA)

Read the full story

 
Engraved plate: a heron stands on a stone pedestal before the columned portico of Florida's Historic Capitol, framed by four glowing ledger panels lettered Seminole, Donalds, Campaign and PAC, each with a rising chart. Links to Money Pulse on the site.
Engraved plate: a heron stands on a stone pedestal before the columned portico of Florida's Historic Capitol, framed by four glowing ledger panels lettered Seminole, Donalds, Campaign and PAC, each with a rising chart. Links to Money Pulse on the site.

Plate II · The Capitol Portico

Money Pulse

Politics

More than $115M into the Donalds PAC

With the campaign, nearly $130M raised and nearly $45M kept through Sept. 18. State filings list Jeff Yass, the Seminole Tribe of Florida, and Club for Growth Action Florida among the oversized PAC names.

Houses

About $66.4M for one Manalapan lot, split two ways

Stewart Satter bought the land in 2024 for $27.5M and once marketed it toward a speculative megamansion of about $285M. The neighbors bought it instead.

Teams

$73.14M asked of Tampa and Hillsborough for Raymond James

The Tampa Sports Authority’s FY2027-2028 subsidy request, approved 10-0 and paid from fourth-cent tourist tax. Separately, the Buccaneers have floated paying one-third of a roughly $1B renovation, with the public covering two-thirds.

Politics

$70,000 from Ballard Partners to Crist’s committee

The fourth check, $10,000, is dated Sept. 18 in state filings. Utility- and tech-linked lobbyists and operatives added more than $130,000 (Florida Trib, Aug. 11); Ballard said the check was friendship, not a client errand.

People

Jaguars owner Shahid Khan: about $16.5B, Florida’s No. 8 (Forbes estimate)

Forbes estimate, No. 70 overall (Action News Jax). Jeff Bezos leads the state at about $378B, No. 2 overall.

Politics

Ken Griffin’s $10M, dated July 17, inside a nearly $130M Donalds haul

Donalds once said it takes at least $80M to win a Florida governor’s race. Through Sept. 18 his campaign and PAC had raised nearly $130M, against David Jolly’s under $16M.

 
Painted plate: two silver-haired men carved in pale marble and drawn over with cyan wire mesh rest their palms flat on either half of a model oceanfront lot sawn in two, in a marble hall beside two glass cards reading $34.4M and $32M. Links to the Houses desk.
Painted plate: two silver-haired men carved in pale marble and drawn over with cyan wire mesh rest their palms flat on either half of a model oceanfront lot sawn in two, in a marble hall beside two glass cards reading $34.4M and $32M. Links to the Houses desk.

Plate III · The Lot Line

This edition, by desk

Politics

The campaign account is the regulated face; the PAC is the war chest. From the governor’s race to St. Petersburg city hall, the same split decides who can still spend.

Donalds PAC tops $115M: Griffin’s $10M, the Seminole Tribe’s $5.5M, sports betting’s $2.25M

Crist’s St. Pete war chest: about $384K against Welch’s about $53K

Open the Politics desk

Houses

Land assembly is the wealth strategy; the house is the receipt. Larry Ellison’s new lot sits beside the Manalapan compound he bought for about $173M in 2022, and in 2023 he bought eight Boynton Beach homes for his staff.

Ellison and MacNeil split a Manalapan lot for $66.4M, then kept assembling

Open the Houses desk

Teams

Two franchises, one tax well, one watchdog: the Tampa Sports Authority runs Raymond James and now reviews the Rays’ ballpark design. The Rays deal leads this edition; the Buccaneers’ renewal notice is due Jan. 31, 2027.

Ray Jay’s $19.27M seat pick lands as the Bucs float a two-thirds public split

The Lead, above

Open the Teams desk

People

Forbes residency is a capital map: count the named Floridians, then find their checks in PAC filings, franchise capital stacks, and ocean-to-lake assemblies.

Bezos is still Florida’s No. 1; Forbes counts about 49 Floridians on its 400

Open the People desk

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Old Florida Money is Oaktree Reserve’s public Florida capital brief: the named checks behind houses, teams, races, and public votes across the state.

Plates are painted illustrations, not depictions of the people named in the stories.

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