Providence Mayor Jorge Elorza says he is looking forward to working with new owners of the Pawtucket Red Sox to consider moving the team to a few miles south to Rhode Island's largest city.

Elorza issued a statement Monday following the announcement that Red Sox president Larry Lucchino and several Rhode Island businessmen purchased the Triple A baseball club for an undisclosed price.

Elorza says moving the team could be an ``exciting development opportunity.''

Investor James Skeffington told The Providence Journal the new owners are eyeing land along the Providence River for a new ballpark.

Pawtucket Mayor Donald Grebien says he is still hoping the PawSox will stay, but was told by the new owners that Pawtucket is not ``on the radar.''

The investors are buying the team from Madeleine Mondor, the widow of longtime owner Ben Mondor. Ben Mondor owned the team from 1977 until his death in 2010.

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