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2mo ago

Connecticut Sun Ownership Evaluates Sale and Strategic Options

The Mohegan Tribe confirms exploring potential sale or investment for the WNBA franchise as demands for infrastructure and market growth intensify.

UNCASVILLE, CT – OCTOBER 06: A general view of a Wilson official game ball before game 4 of the Semifinals of the WNBA Playoffs between the Minnesota Lynx and the Connecticut Sun on October 6, 2024, at Mohegan Sun Arena in Uncasville, CT. (Photo by Amy Abramson-Denhoff/Icon Sportswire via Getty Images)
May 9, 2025; Brooklyn, NY, USA; New York Liberty center Jonquel Jones (35) looks to drive past Connecticut Sun center Tina Charles (31) in the first quarter at Barclays Center. Mandatory Credit: Wendell Cruz-Imagn Images/File Photo
Apr 14, 2025; New York, New York, USA; Aneesah Morrow poses with WNBA commissioner Cathy Engelbert after being selected with the number seven overall pick to the Connecticut Sun in the 2025 WNBA Draft at The Shed at Hudson Yards. Mandatory Credit: Vincent Carchietta-Imagn Images/File Photo
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Overview

  • The Mohegan Tribe has hired Allen & Company to explore strategic options for the Connecticut Sun, including a potential full sale or minority investment.
  • Team president Jennifer Rizzotti confirmed no decisions or timelines have been set, emphasizing the process reflects responsible business evaluation.
  • The Sun, valued at $80 million, are in the WNBA's smallest market and lack a dedicated practice facility, a growing disadvantage in the league's facilities race.
  • A full sale is widely expected to include franchise relocation, with Boston and other expansion-bid cities seen as potential destinations.
  • The team enters the 2025 season in a rebuilding phase after losing its entire 2024 starting lineup, highlighting the impact of resource gaps on player retention.