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yesterday

Rockets Ownership in Advanced Talks to Buy Connecticut Sun, With Houston Relocation Under Discussion

Final timing hinges on WNBA approval alongside CBA negotiations.

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Oct 6, 2024; Uncasville, Connecticut, USA; The Connecticut Sun and Minnesota Lynx tip-off to start game at Mohegan Sun Arena. Mandatory Credit: David Butler II-Imagn Images/File Photo
UNCASVILLE, CT – MAY 14: General view of the Connecticut Sun logo on a pair of game shorts during the WNBA against Los Angeles Sparks on May 14, 2022, at Mohegan Sun Arena in Uncasville, CT. (Photo by M. Anthony Nesmith/Icon Sportswire) (Icon Sportswire via AP Images)

Overview

  • ESPN reports substantive, positive negotiations between Rockets owner Tilman Fertitta’s group and the Mohegan Tribe on a potential purchase that includes relocating the Sun to Houston.
  • Rockets ownership has raised its bid to around or above $250 million, a formal offer has been discussed, no exclusivity has been signed, and no final decision has been made.
  • The Mohegan Tribe says it is actively exploring investment options and that no agreement has been reached.
  • Any relocation requires approval from the WNBA Board of Governors; the league previously halted a $325 million sale that would have moved the team to Boston.
  • Multiple outlets report a Houston plan could use Toyota Center and revive the Comets identity if approved, while hopes for clarity before free agency are complicated by an unresolved CBA and a Jan. 9 deadline following a strike-authorization vote.