This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Please enable Javascript to watch this video

MADISON, Ala. - Minor league baseball is one step closer to making a return to the Tennessee Valley.

Sources close to negotiations confirm to WHNT News 19 that both the Southern League and Minor League Baseball have approved the sale of the Mobile Bay Bears to an ownership group that wants to move the team. The preferred location is also reportedly just off Interstate 565 in the new Town Madison Development.

There are still several steps that would need to be taken, including approval from Major League Baseball. Madison is also having meetings in November about zoning approval for a possible new stadium.

Other Information:

Investment Group looking at bringing minor league baseball to Town Madison development.

Meet the Mobile Bay Bears