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Steve Pagliuka, a minority owner of NBA Boston CelticsAllegedly, he reached a historic agreement to buy the Sun on WNBA Connecticut.
Pagliuka agreed to buy the sun for $ 325 million, Boston Globe reported.
The deal is ongoing, but if the Board of Governors has finally granted approval, the price will be the most expensive sales in WNBA history.
“Moving decisions are made by the Board of Governors, not individual teams,” the league said in a statement.
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The WNBA logo of basketball in a match between Seattle Storm and the Sun of Connecticut in the Climate Pledge Arena on June 20, 2023, in Seattle. (Steph Chambers / Getty Pictures / Getty Pictures)
Pagliuka plans to move the franchise to Boston by the 2027 season. The deal also includes promises to invest $ 100 million in a new Boston training spot for the team. The sun has a certain closeness to Boston after playing one game in a regular season of Celsets’ Home Arena each of the past two years.
Commanders Bobby Wagner becomes NHL’s first active player to purchase ownership of WNBA franchise
Record sales reports appeared soon Wnba announced big expansion plans. The league is ready to expand from 13 teams to 18 franchises by 2030. Golden State Valkania are in their inaugural season, while Portland and Toronto will debut teams in their cities in 2026.
The Connecticut Logo Dream during the game between the Sun and the Fever in Indiana in Gavibibridge Shieldhouse June 17, 2025, in Indianapolis. (Dylan Buel / Getty Pictures / Getty Pictures)
Cleveland was granted a franchise to take the court in 2028, while the expansion club in Detroit will start competing in 2029. The Philadelphia team will start playing next year. Each of those cities agreed to the then $ 250 million expansion compensation to secure the new teams.
The sun plays in the Mohegan Dream Arena. The Mohegan tribe, the current group of Sun ownership, also controls the casino where the team holds home games for more than two decades. The tribe bought the team for $ 10 million that year and moved the franchise from Orlando, Florida, to Connecticut.
WNBA logo on the field before the game between Connecticut Sun and Ice Las Vegas in Michelob Ultra Arena June 25, 2025, in Las Vegas. (Ethan Miller / Getty Pictures / Getty Pictures)
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Despite this year’s 5-21 record, the Sun historically was one of the most successful franchises of this league on and off the field. The team is credited with 16 appearances in the post -season and became WNBA’s first franchise to become profitable.
The $ 325m sales deal is a sharp increase in WNBA’s last pair of sales. In 2021, an investment group led by Larry Cookeder received unanimous approval to Take control of the Altanta dream. The deal closed for allegedly less than $ 10 million. Indiana Ons owner: Las Vegas thieves Mark Davis paid about $ 2 million for aces that year.
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