Mohegan Tribe Sells Connecticut Sun WNBA Team for $300 Million; Team to Relocate

Miami Fort Lauderdale, FL, September 25, 2026 — The WNBA’s Connecticut Sun has been sold by the Mohegan Tribe to Tilman Fertitta for a reported $300 million. Fertitta, who also owns the NBA’s Houston Rockets, has acquired the franchise from the tribe that originally purchased the team in 2003. Following the sale, the Connecticut Sun is slated to relocate from its current market.

The transaction was finalized as part of a strategic move by the Mohegan Tribe to bolster its financial standing. While specific details regarding the financial implications for the tribe were not provided beyond the sale price, the divestment marks the end of a significant period of ownership for the tribal nation.

The sale occurs against a backdrop of evolving economic pressures within the Women’s National Basketball Association. League-wide, teams and the WNBA itself are contending with rising operational costs. Furthermore, there is a growing demand for enhanced facility upgrades across the league, which requires substantial investment from ownership groups.

The Mohegan Tribe’s involvement with the Connecticut Sun began in 2003, establishing a notable presence for the tribe in professional sports ownership. The team has played its home games in Connecticut since its acquisition. The identity of the new location for the franchise following the relocation was not provided.

Tilman Fertitta’s acquisition adds another significant sports franchise to his portfolio, which includes the Houston Rockets and the Golden Nugget Casinos and Hotels. The terms of the deal, beyond the sale price, have not been publicly disclosed. The exact timeline for the team’s relocation is also not yet available.

Story summarized from the original created by By SAVANNAH PETERS, Associated Press on www.local10.com, see more information here.