The Connecticut Sun basketball franchise has been purchased by the Fertitta family in a landmark transaction valued at $300 million, according to multiple sources who spoke with ESPN. The sale represents the highest price ever paid for a WNBA franchise.
Following the acquisition, the team is expected to relocate to Houston, marking the return of professional women's basketball to the Texas city. The move is anticipated to be completed by the 2027 season.
This transaction sets a new financial benchmark for the women's league, underscoring the growing commercial appeal and investment interest in the WNBA. The Fertitta family's entry into franchise ownership expands their portfolio in professional sports ownership.
The relocation would establish Houston as a significant market for women's professional basketball once again, providing the metropolitan area with its first WNBA team in years.
Comments