Overview
- The Mohegan Tribe plans to present options that include a full sale to Steve Pagliuca, a sale to Marc Lasry with a Hartford plan, a minority stake sale, or allowing the league to buy the team for $325 million.
- The WNBA earlier offered to purchase the franchise for $250 million with no relocation fee to steer the team to a league-preferred market, an offer the tribe declined.
- League letters in April and June stated that any sale and any change of playing site require Board of Governors approval and noted that Boston falls outside the Sun’s defined territory.
- Sources report the league has told the Sun it would not approve a move to Hartford despite a Lasry-led bid matching the $325 million valuation.
- Pagliuca’s proposal includes a potential 2027 move to Boston and a $100 million practice facility, while the league has cited TD Garden scheduling concerns and has indicated Boston is more likely to be weighed in a future expansion round, with Bill Chisholm viewed as a preferred owner.