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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.

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.