In the wake of the Tampa Bay Rays’ announcement that they won’t move forward with the current stadium deal in St. Petersburg, many elected officials around the bay echoed the same response: disappointment. Others lambasted what they considered a bad deal for taxpayers from the start.

A deal to build a new stadium for the Tampa Bay Rays fell through. Pressure is reportedly mounting on the Rays owner to sell the team. Salt Lake City is among cities looking to land a major league baseball franchise.

Tampa Bay Rays owner Stuart Sternberg said the team will not meet the deadline to move forward on a new stadium. Here's what it means for the team's future.