US EditionConnecticut Sun exploring all options, including sale of franchise according to team president
- On Tuesday, Jen Rizzotti, president of the Connecticut Sun, announced that the team is considering various possibilities for its direction moving forward, which could involve selling the franchise.
- The Mohegan Tribe, which has owned the franchise since relocating it from Orlando in 2003, initiated this review amid discussions reported first by Sportico about hiring Allen & Co to explore a sale.
- The Sun, the first WNBA franchise operated by a non-NBA owner and the first to turn a profit, has made the postseason 16 times but lost its entire starting five this offseason through trades and free agency.
- Rizzotti stressed that no final decisions have been made yet and affirmed their commitment to support the franchise for as long as it remains active, as the team prepares to open the season on Sunday against Washington.
- This consideration of options suggests the ownership may either invest heavily in rebuilding or capitalize on soaring WNBA franchise values, which have surged since the Sun's $10 million purchase in 2003 to estimated expansions costing up to $200 million.
24 Articles
24 Articles
Connecticut Sun May Be Up For Sale Soon, Would Likely Relocate
The Connecticut Sun may soon be on their way out of the state. The WNBA franchise is looking at all options for the team’s future, including a potential sale, team president Jen Rizzotti said Tuesday.The team was purchased for $10 million by the Mohegan Tribe in 2003, relocating the franchise from Orlando to Uncassville, Conn. The Sun were the first in the league to be run by a non-NBA owner and also became the first to turn a profit. The franch…
Connecticut Sun exploring all options, including sale of franchise according to team president
The Connecticut Sun are looking at all options for the franchise’s future, including a potential sale, team president Jen Rizzotti said Tuesday. The team is owned by the Mohegan Tribe, which runs the casino where the team has played since 2003. The Tribe bought the franchise for $10 million and relocated it from Orlando that year. The Connecticut franchise was the first in the league to be run by a non-NBA owner and also became the first to turn…
Lamont wants to keep Connecticut Sun here after report of possible sale
The Connecticut Sun open their season at home this Sunday. While fans of the WNBA team may be excited for the season, they may not be as excited to hear about a new report from Sportico that the team’s ownership group is shopping the team for a potential sale. With the additions of players to the league like Caitlin Clark,...
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