Celtics minority owner reaches deal to buy WNBA Connecticut Sun, AP source says
The WNBA is set to undergo a major shift as a group led by Celtics minority owner Steve Pagliuca has struck a deal to acquire the Connecticut Sun for a whopping $325 million, marking a record-breaking sale in the history of the league. The plan is to relocate the team to Boston, with the anticipated move not taking place until the 2027 season. In addition to the acquisition cost, Pagliuca has committed to investing $100 million into a state-of-the-art practice facility for the team in Boston.
While the sale has not yet been officially announced and is subject to approval by the league and its Board of Governors, the potential move has sparked excitement among basketball fans. The WNBA has seen significant growth in recent years, with new expansion teams being introduced over the next five seasons. The addition of Portland, Toronto, Cleveland, Detroit, and Philadelphia has injected fresh energy into the league, with each expansion team paying a record $250 million fee.
The Sun, currently owned by the Mohegan Tribe, have been a successful franchise since their inception in 2003. The team, which was relocated from Orlando to Connecticut, has been a trailblazer in the WNBA, being the first team to be operated by a non-NBA owner and the first to turn a profit. Despite their success on the court, the Sun have faced challenges off the court, particularly in terms of practice facilities. While many WNBA teams have invested in new training facilities, the Sun have yet to announce plans for a dedicated practice space.
The potential move to Boston comes at a time when the Sun are undergoing significant roster changes, with the entire starting lineup from last season departing via free agency or trade. Despite these challenges, the Sun have remained competitive, making the postseason in 16 seasons and securing six straight semifinal appearances. However, with the team currently sitting at the bottom of the WNBA standings with a 5-21 record, changes are on the horizon.
The sale of the Connecticut Sun marks a significant moment in WNBA history, with the league continuing to evolve and grow. As the sport of women’s basketball gains popularity and recognition, the investment in teams like the Sun will only serve to elevate the level of competition and fan engagement. Keep an eye on the WNBA for more updates on this exciting development.
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