By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sports DailySports Daily
Notification Show More
  • Home
  • Football
  • Baseball
  • Basketball
    • WNBA
  • Tennis
  • Racing
  • Golf
  • Racing
Reading: Celtic Minority Stakeholders Secure Landmark $325M Deal to Acquire WNBA’s Sun Team
Share
Sports DailySports Daily
Search
  • Home
  • Football
  • Baseball
  • Basketball
    • WNBA
  • Tennis
  • Racing
  • Golf
  • Racing
Follow US
Sports Daily > Basketball > Celtic Minority Stakeholders Secure Landmark $325M Deal to Acquire WNBA’s Sun Team
Celtic Minority Owners reach deals to buy WNBA Sun for a record $325M
Basketball

Celtic Minority Stakeholders Secure Landmark $325M Deal to Acquire WNBA’s Sun Team

August 3, 2025 2 Min Read
Share
SHARE

A group led by Steve Pagliuca, a minority owner of the Boston Celtics, has agreed to purchase the Connecticut Sun for a record $325 million with plans to relocate the team to Boston, sources familiar with the deal revealed. The team is set to start playing in Boston in the 2027 season, and Pagliuca will contribute $100 million toward a new training facility in the city. This transaction is awaiting approval from the WNBA and its board.

The Connecticut Sun, owned by the Mohegan Tribe since 2003 after moving from Orlando, has played some games at Boston’s TD Garden and was the first league franchise run by non-NBA owners to turn a profit. The WNBA has recently announced five expansion teams set to join between 2026 and 2030, each paying a $250 million expansion fee, highlighting the league’s growth.

Boston had not initially been part of the WNBA’s expansion team selection but is now prioritized for future franchise opportunities. The Sun announced plans to seek new ownership earlier this year with the assistance of Allen & Company. Despite lacking its own training facility and practicing in casino venues or community centers, the Sun was one of the league’s more successful teams, though they have recently lost several key players and are currently last in the standings.

The last WNBA team sale occurred in 2021, with the Atlanta Dream purchased for under $10 million, and the Las Vegas Aces changing hands for about $2 million a year ago.

Fan Take: This move signals a major financial and strategic boost for the WNBA, reflecting increased investment and growing popularity of women’s basketball. Bringing the Sun to Boston could heighten the league’s visibility and competitiveness, benefiting fans and players alike by fostering a stronger, more vibrant basketball community.

See also  Pacers Stun Thunder in NBA Finals Game 1 with Halliburton Sealing the Victory

You Might Also Like

Newspers Center’s Luke Cornett Shares Hilarious Story Behind Choosing the Iconic No. 7 Jersey to Honor Tim Duncan

Ron Harper Claps Back at “Disrespectful” Remarks Targeting Dylan Harper and Kawhi Leonard with a Firm “Shut-Up”

NBA Finals 2025: Decoding the Pacers’ Complex Puzzle — How Lightning Plans to Crack the Code

Denver’s Christian Brown can receive more than $30 million extensions per season

Trae Young’s No Excuses Now: Hawks Build a Dream Team Around Their Star for Ultimate Support

TAGGED:BasketBall
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

Top Games of the Day to Watch, Best Bets, Odds: MLB Returns with Full Slate, WNBA All-Star Activities and more
Golf

Top Games to Watch Today, Best Bets, Odds: Key WNBA Showdown, MLB and more

Connecticut Sun Faces Tough Rebuild, Dropping Six of First Seven Games
Denny Hamlin Takes the Top Spot in NASCAR Power Rankings Following Chicago Surge Triumph
Ex-Notre Dame Stars Diggins, Citron, and Young Shine on WNBA All-Star Roster
Yankees Manager Aaron Boone Travels to Illinois for Flexor Strain Evaluation
Novak Jjokovic vs. Flavio Coborli Odds, Prediction: Expert is open free of charge at 2025 Wimbledon Quarterfinal Pick

About US

Your trusted source for up-to-the-minute sports news, in-depth analysis, and expert coverage across the globe’s most exciting sports.

Facebook Twitter Youtube

Categories

  • Baseball
  • Basketball
  • Football
  • Golf
  • Racing
  • Tennis

Legal Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Subscribe US

The South American star wanted to join Sunderland
Former Top Amateur Lotti Ward wins women’s Scotland Open with professional debut on the LPGA Tour
Note: Freddie Freeman reveals retirement timeline, major injury updates, and Andrew Friedman talks about injuries
© 2025 All Rights reserved | Powered by Sports Daily
Welcome Back!

Sign in to your account

Lost your password?