A group led by Steve Pagliuca, a minority owner of the Boston Celtics, is reportedly purchasing the Connecticut Sun for a record $325 million. In addition to the acquisition cost, Pagliuca’s group plans to invest $100 million to develop a dedicated practice facility for the team. There are intentions to relocate the franchise to Boston as early as the 2027 season, according to multiple reports, including insights from The Associated Press and the Boston Globe.
The interest in relocation follows the Sun’s previous regular-season games in Boston’s TD Garden, both of which sold out, indicating a strong market presence. However, any relocation will require approval from the WNBA Board of Governors, which has been clear about the application process for new teams. A WNBA representative stated that, during the most recent expansion process, Boston did not apply for a team, and thus, other cities that submitted applications have precedence. Pagliuca’s group has expressed their desire for Boston to be considered for the next opportunity.
The Connecticut Sun, previously owned by the Mohegan Tribal Gaming Authority, has been facing challenges, highlighted by a recent tumultuous offseason that saw significant turnover in its roster and coaching staff. After a restructuring, the team started the current season poorly, sitting at the bottom of the league standings.
Pagliuca, who has a background as the co-chairman of Bain Capital and owns the Italian football club Atalanta, has shown a commitment to women’s basketball, having voiced support for opportunities within the WNBA. This potential transition highlights the league’s ongoing growth and the increasing involvement of those with a significant stake in professional sports.
The proposed sale price of $325 million marks a considerable profit for the Mohegan Tribe, particularly after recent expansion teams paid around $250 million to join the league in coming years. If the transaction proceeds, it would align with the WNBA’s strategy of associating with owners who have NBA connections.
Notably, Sun rookie Saniya Rivers expressed enthusiasm for the idea of moving the franchise to Boston, appreciating the city’s vibrant culture and potential benefits for women’s basketball.
This development symbolizes a pivotal moment for both the Connecticut Sun and the WNBA, as the league continues to evolve and grow in prominence, promising exciting possibilities for the future of women’s sports.