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UNCASVILLE, Conn. — Connecticut Sun president Jennifer Rizzotti confirmed Sunday that the team plans to play at Mohegan Sun Arena in 2026 after a deal was reached Saturday for a Boston-based investor group to buy the franchise and relocate it there for the 2027 season.
The Connecticut Sun ownership intends to present multiple options to the WNBA as it looks to salvage what would have been a record-breaking $325 million franchise sale, sources with knowledge of the situation told ESPN.
BOSTON — The NBA board of governors on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.1 billion — the largest ever for an American professional sports team.
NEW YORK: The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed. “The NBA Board of Governors has unanimously approved the sale of the controlling interests in the Boston Celtics to an investor group led by Bill Chisholm,” the league said in a brief statement. “The transaction is expected to close shortly.” Chisholm is the managing director and co-founder of Symphony Technology Group.
A group led by Celtics minority owner Steve Pagliuca has reached a deal to buy the Connecticut Sun for a record $325 million US and move the team to Boston, according to a person familiar with the sale.
UNCASVILLE, Conn. — A group led by Celtics minority owner Steve Pagliuca has reached a deal to buy the Connecticut Sun for a record $325 million and move the team to Boston, according to multiple reports.
A group led by Bill Chisholm, managing partner at Symphony Technology Group, has agreed to purchase the Boston Celtics for a valuation of $6.1 billion, sources told ESPN's Shams Charania.
The Boston Celtics majority ownership group, led by Wyc Grousbeck, is planning to make the franchise available for sale.