Overview

• Steve Pagliuca’s group has offered $325 million to buy the Sun and relocate it to Boston, including a $100 million practice facility pledge.
• Marc Lasry matched the $325 million price to keep the team in Connecticut with support from state officials, though no public facility funding is finalized.
• Commissioner Cathy Engelbert never presented Pagliuca’s deal to the Board of Governors before the exclusivity window expired, halting the transaction.
• The WNBA is now demanding an additional, undisclosed relocation fee on top of the sale price to shape where the franchise lands.
• League officials have signaled Houston as the preferred destination and affirmed that nine cities passed over in the recent expansion have priority over Boston for a franchise.