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3w ago

Pagliuca Group Agrees to Buy Connecticut Sun for Record $325 Million

Pending WNBA approval, the Mohegan Tribe will keep the Sun in Connecticut for 2026 with a $100 million facility pledge plus a targeted Boston move in 2027

Jul 15, 2025; Boston, Massachusetts, USA; Wide view of TD Garden before the start of the game against the Connecticut Sun and Indiana Fever. Mandatory Credit: David Butler II-Imagn Images
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Jul 15, 2025; Boston, Massachusetts, USA; Wide view of TD Garden before the start of the game against the Connecticut Sun and Indiana Fever. Mandatory Credit: David Butler II-Imagn Images

Overview

  • A Boston-based ownership group led by Celtics minority owner Steve Pagliuca has reached a preliminary agreement to purchase the Connecticut Sun for $325 million, marking the highest price ever for a women’s professional sports franchise.
  • Sun president Jennifer Rizzotti confirmed the team will remain at Mohegan Sun Arena for the 2026 season under the proposed sale.
  • The agreement includes a $100 million commitment from Pagliuca’s group to build a dedicated practice facility in Boston.
  • Relocation to Boston by the 2027 season hinges on approval by the WNBA Board of Governors, with Boston not having applied in the most recent expansion round.
  • Pagliuca stated on social media that no binding transaction has been finalized, with sale terms still under negotiation.