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Celtics Owner Offers $325 Million to Purchase WNBA's Connecticut Sun

WHAT'S THE STORY?

What's Happening?

Steve Pagliuca, minority owner of the Boston Celtics, has made an offer to purchase the WNBA's Connecticut Sun for $325 million. This proposed sale would mark the highest price ever paid for a professional women's sports franchise. Pagliuca aims to relocate the Sun from Uncasville, Connecticut, to Boston, Massachusetts, by 2027. The Sun, currently in a rebuilding phase under new head coach Rachid Meziane, has not won a WNBA championship but has reached the finals four times, most recently in 2022. The franchise's current venue, Mohegan Sun Arena, is one of the smallest in the league and lacks a dedicated practice facility. The sale is in its early stages and requires approval from the WNBA and league governors.
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Why It's Important?

The potential sale and relocation of the Connecticut Sun could significantly impact the WNBA landscape. Moving the team to Boston could increase its market visibility and fan base, potentially boosting revenue and sponsorship opportunities. However, the relocation could disrupt existing fan loyalty and community ties in Connecticut. The move also raises questions about the future of WNBA expansion, as Boston is considered a potential site for a new team by 2033. The sale could set a precedent for the valuation of women's sports franchises, highlighting growing interest and investment in women's sports.

What's Next?

If the sale proceeds, the Sun would continue playing at Mohegan Sun Arena through the 2026 season, with plans to move to Boston in 2027. Early season games might be held in Providence to avoid scheduling conflicts with other Boston sports teams. The WNBA has yet to comment on the sale, and league approval is pending. Stakeholders, including fans and local businesses, will likely express opinions on the relocation, influencing the decision-making process.

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