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.

Back to square one. When the Rays and development partner Hines were selected to redevelop the Gas Plant District last year, elected officials and baseball fans across Tampa Bay had hoped it would end years of uncertainty surrounding the fate of the site and the team’s future in the region.