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Steve Pagliuca, a minority owner of the Boston Celtics of the NBA, is said to have reached a historical agreement to buy the Connecticut Sun of the WNBA.
Pagliuca agreed to buy the sun for $ 325 million, The Boston Globe reported.
The deal is being treated, but if the Board of Governors provides the final approval, the price tag would be the most expensive sale in the history of WNBA.
“Decisions of relocation are made by the WNBA council of directors and not by individual teams,” read a statement from the competition.
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The WNBA logo on a basketball during a match between the Seattle Storm and the Connecticut Sun in Climate Plede Arena 20 June 2023, in Seattle. (Steph Chambers / Getty Images / Getty images)
Pagliuca is planning to move the franchise to Boston by the 2027 season. The deal also includes promises to invest $ 100 million in a new training site in Boston for the team. The Sun has some fame with Boston, after he had played a regular season game at The Celtics’ Home Arena each of the last two years.
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Reports of record sales arrived shortly thereafter The Wnba announced major expansion plans. The competition is ready to expand from 13 teams to 18 franchises by 2030. The Golden State Valkyries are in their inaugural season, while Portland and Toronto will debut teams in their respective cities in 2026.
The Connecticut Sun logo during a match between the sun and the Indiana Fever in Gainbridge Fieldhouse 17 June 2025 in Indianapolis. (Dylan Buell / Getty Images / Getty images)
Cleveland received a franchise that will take the court in 2028, while the expansion club of Detroit starts competing in 2029. The Philadelphia team starts playing the following year. Each of those cities agreed with a subsequent expansion costs of $ 250 million to secure the new teams.
The sun plays in the Mohegan Sun Arena. The Mohegan -Stam, the current Zon ownership group, also controls the casino where the team has held home games for more than two decades. The tribe bought the team that year for $ 10 million and moved the Franchise from Orlando, Florida, to Connecticut.
A WNBA logo on the field for a competition between the Connecticut Sun and the Las Vegas Aces in Michelob Ultra Arena 25 June 2025 in Las Vegas. (Ethan Miller / Getty Images / Getty images)
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Despite this year’s 5-21 record, the Sun has traditionally been one of the more successful franchises of this competition on and outside the field. The team is credited with 16 Postseason appearances and became the first WNBA franchise that became profitable.
The sales agreement of $ 325 million is a strong increase compared to the last pair of WNBA sales. In 2021, an investment group under the leadership of Larry Gottesdiener received unanimous approval Take control of the Altanta Dream. The deal is closed for reportedly less than $ 10 million. Las Vegas Raiders -owner Mark Davis paid the same year an estimated $ 2 million for the aces.
