Source: C's minority owner buying Sun for $325M
Celtics minority owner Steve Pagliuca has reached an agreement to purchase the WNBA's Connecticut Sun for a record $325 million. The source confirmed that the new ownership group plans to relocate the team to Boston. The sale marks the highest-ever transaction for a WNBA franchise, surpassing the previous record of $15 million paid for the Las Vegas Aces in 2021. The move to Boston is expected to provide the Sun with a larger fan base and increased exposure, potentially boosting the team's visibility and commercial opportunities. The deal is subject to approval by the WNBA's Board of Governors, and the league is expected to review the proposed relocation as part of the process. The transaction and the potential move to Boston could have significant implications for the WNBA and the sports landscape in the Boston metropolitan area.
Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.
