Please ensure Javascript is enabled for purposes of website accessibility

Tampa Bay Rays, local credit union partner for charities

Starting in May, every hit the team gets means $78 for nonprofits around the area.

  • By Louis Llovio
  • | 5:00 p.m. April 19, 2023
  • | 2 Free Articles Remaining!
Photo courtesy of Wikimedia Commons.
Photo courtesy of Wikimedia Commons.
  • Tampa Bay-Lakeland
  • Share

The Tampa Bay Rays may have one of the smallest payrolls in Major League Baseball, but a new deal means its players will be able to raise a bunch of money for local charities.

The agreement isn’t with the players association or the league, though. It’s with Suncoast Credit Union.

The local credit union announced a partnership with the team Wednesday where it will give money to local charities every time a player gets a base hit or hits a home run. That means Suncoast will set aside $78 for every single, double, triple and home run and hand that money over at the end of the month.

The promotion starts May 1 and the max will be $15,000. Hits will be determined by MLB, and the official score will reflect the number of hits in each game, a spokesperson says.

As for which organization will get the money, Suncoast will spread the donations around the area just like — to quote a cliche from broadcasters of days gone by — a hitter spreads the ball around the field.

Here’s how it will work: “Each month three local nonprofit organizations will compete for votes to receive a percentage of the monthly total. The vote percentage for each organization will determine the donation amount that each organization receives.”

Suncoast says the vote will take place via a Facebook poll on its Facebook page.

The three inaugural nonprofits are The Children’s Dream Fund, HeavenDropt and The Boys & Girls Club of Central Florida.

Suncoast is Florida’s largest credit union with $16.3 billion in assets. It operates 75 branches throughout the state, with three more opening this year, and employs more than 2,300 people.



Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

Latest News


Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.