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Connecticut Sun Owners Prepare Options as WNBA Pushes Back on $325 Million Sale and Boston Move

League relocation rules have stalled the Pagliuca proposal.

Connecticut Sun guard Saniya Rivers drives to the basket in an Aug. 13 game against the Chicago Sky at Mohegan Sun Arena.
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Overview

  • The Mohegan Tribe is preparing to present multiple paths to the WNBA to try to keep a record-priced transaction on track, according to ESPN.
  • Options under consideration include a full sale to Steve Pagliuca, a competing Marc Lasry offer tied to Hartford, selling a minority stake, or a league purchase reportedly at $325 million.
  • ESPN reports the WNBA previously offered to buy the franchise for $250 million and waive a relocation fee, an approach made before Pagliuca’s higher bid became public.
  • Relocation requires Board of Governors approval, and league concerns include Boston’s absence from recent expansion processes and potential TD Garden scheduling conflicts that could push some games to Providence.
  • The tribe sent the league a July 2 executive summary without a signed term sheet; after exclusivity lapsed, Lasry matched the $325 million price, but sources say the league would not approve a move to Hartford.