Overview
- State-affiliated funds proposed purchasing a minority stake that keeps most home games at Mohegan Sun Arena with additional dates at Hartford’s PeoplesBank Arena.
- Connecticut’s plan includes a state-financed practice facility in Hartford that the Sun would lease.
- The offer values the franchise above the WNBA’s $250 million purchase proposal that could position the league to move the team.
- Earlier $325 million full-sale offers from groups led by Steve Pagliuca for Boston and Marc Lasry for Hartford have not advanced after the league signaled it would not approve those relocations, with a potential relocation fee also reported.
- The WNBA and Sun ownership are expected to meet next week to assess options as state leaders and fans increase pressure to keep the team in Connecticut.