Overview
- Steve Pagliuca reached a July agreement with the Mohegan Tribe to buy the Sun for $325 million and relocate the team to Boston with a $100 million practice-facility pledge, but details were never submitted to the Board of Governors.
- The exclusivity period between Pagliuca’s group and the tribe lapsed without approval, prompting a competing bid from Marc Lasry that exceeds $300 million and aims to keep the franchise in Connecticut.
- The WNBA has emphasized that only its Board of Governors can authorize any sale or relocation and has not scheduled a formal vote on either proposal.
- Sun president Jennifer Rizzotti confirmed the team will play at Mohegan Sun Arena through at least the 2026 season while ownership discussions continue.
- Facility limitations at the sub-9,000-seat arena and the Mohegan Tribe’s multi-billion-dollar debt from overseas casino projects have driven the search for new investment.