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Investment Groups Compete to Keep Connecticut Sun in State Amid Franchise Sale Talks

Emily Chen
Published on 2025-08-04 14:55:00
News Site
Investment Groups Compete to Keep Connecticut Sun in State Amid Franchise Sale Talks
A new investment consortium, headed by ex-Bucks owner Marc Lasry, is reportedly entering the race to acquire the Connecticut Sun, aiming to retain the franchise within the state. According to sources cited by Emily Adams of the Hartford Courant, this group’s bid surpasses $300 million and includes plans for a dedicated practice facility at PeoplesBank Arena in Hartford. Meanwhile, a separate offer from an ownership group from Boston, led by Celtics minority owner Steve Pagliuca, had previously held exclusive rights but the period has now ended, leaving both proposals active. The WNBA and its Board of Governors must approve any team relocation, and the league has the authority to compel the Mohegan Tribe to sell the franchise to an in-state buyer if necessary. In related developments, Rhode Island officials have expressed interest in hosting the team, with Governor Dan McKee’s office indicating openness to discussions about a potential move to Providence, which could be feasible during the basketball season and other local sports schedules. As the ownership debates continue, Connecticut Sun players are focusing on their current season, emphasizing their control over on-court perform...

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