Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

RandySF

(86,193 posts)
Tue May 13, 2025, 06:51 AM May 2025

Owners of WNBA's Connecticut Sun Weighing Potential Sale, Relocation

he WNBA's popularity and revenues have exploded in recent years—and the Connecticut Sun may unfortunately be a casualty.

The Mohegan Native American tribe that owns the Sun have retained investment bank Allen and Company to facilitate the potential sale of the franchise, according to a Monday afternoon report from Kurt Badenhausen and Eben Novy-Williams of Sportico.

Per Badenhausen and Novy-Williams, "the expectation is a control sale and likely franchise relocation."

A hypothetical move would be an unsavory end for a unique franchise in the league's smallest market. Rescued from oblivion following the 2002 season after four years as the Orlando Miracle, Connecticut's ownership by a Native American tribe had no precedent in any professional sport. The team was also the first in the WNBA with owners outside of the NBA's structure.





https://www.msn.com/en-us/sports/nba/owners-of-wnba-s-connecticut-sun-weighing-potential-sale-relocation/ar-AA1EDLVU?cvid=4659680CF21B4CB9A015A54EED3DA6E9&ocid=ansWrap11

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Owners of WNBA's Connecticut Sun Weighing Potential Sale, Relocation (Original Post) RandySF May 2025 OP
Getting Out At Perceived Max Value? ProfessorGAC May 2025 #1

ProfessorGAC

(77,270 posts)
1. Getting Out At Perceived Max Value?
Tue May 20, 2025, 08:04 PM
May 2025

Pay $10 million, sell for $80 million. Eightfold increase in value in 23 years.
They may see that as a better play than the annual profits from an 8,400 seat arena in a small market.
Even if profitable, it would take a long time to make that kind of return.

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.

Tell me more...

Latest Discussions»Culture Forums»Basketball»Owners of WNBA's Connecti...