Wednesday, August 19, 2026

Rockets Owners in Talks to Buy and Move WNBA’s Sun

Several parties have tried to buy the Sun and keep the WNBA team on the East Coast, but Tilman Fertitta has remained interested throughout.

Tilman Fertitta
Troy Taormina-Imagn Images

Publicly, the sale of the Connecticut Sun appeared to have stalled after a whirlwind summer with multiple parties making offers in excess of $300 million to buy the WNBA team.

Underneath the surface, talks were continuing with one of the interested parties. 

The Sun have been in ongoing discussions with Houston Rockets ownership regarding a possible sale and subsequent relocation of the team to Houston, multiple sources confirmed to Front Office Sports

ESPN was first to report the state of discussions. 

“Mohegan leadership continues to actively explore different avenues of investment opportunities for the CT Sun,” Mohegan leadership said in a statement to FOS. “We are excited with the growth of the WNBA and women’s basketball, and are taking a rigorous, diligent approach to this work. We fully understand and appreciate the value of the phenomenal women’s basketball we have had the privilege to support and lead for 23 remarkable seasons. No agreement has been reached at this time, and we are not at liberty to discuss the details of any potential concepts under consideration.”

The NBA declined to comment. 

WNBA commissioner Cathy Engelbert reports to NBA commissioner Adam Silver, who defended the league’s involvement in a FOS interview in September. “They very much want a team,” Silver said then of the Rockets’ WNBA ambitions.

The Mohegan Tribe became the first Native American tribe to own a professional sports team when they bought and moved the Orlando Miracle in 2003. It was reported in May 2025 the Tribe hired investment bank Allen & Company to begin actively pursuing a sale. 

In June, the WNBA announced its plans to expand to 18 teams by 2030 by adding teams in Cleveland, Detroit, and Philadelphia. Each ownership group paid a record-high $250 million expansion fee. The expansion bids that lost out included Miami, Denver, Nashville, and Houston, which was led by Rockets owner Tilman Fertitta. During the press conference WNBA commissioner Cathy Engelbert called out Fertitta by name and said “Houston would be up next for sure,” when answering a question about the timeline for evaluating bids. 

According to multiple sources, discussions were had at the league level early in the year about facilitating a sale of the Sun to the Cleveland ownership group. This would have made room for the Rockets ownership group to be granted an expansion slot. However, the Sun were advised that they could field higher offers and declined to sell to Cleveland. 

The Sun subsequently received a record $325 million offer from a Boston group led by Celtics minority owner Steve Pagliuca in July. Multiple sources told FOS the Tribe agreed to that deal and it was presented to Engelbert but never to the WNBA’s board of governors. During this time the league continued to emphasize that relocation decisions were not up to individual teams and were at the discretion of the board. The Sun fielded another offer from former Milwaukee Bucks owner Marc Lasry which matched Pagliuca’s and proposed moving the team to Hartford, Connecticut.

The WNBA also offered to buy the Sun for $250 million, which would have given the league control over an ensuing sale and relocation. 

Political leaders in Connecticut have been outspoken in opposing any deal that results in relocation. In September, the state’s attorney general, William Tong, pressed Engelbert to produce a group of documents that could shed light on the league’s plans for the Sun. Those included the membership agreement between the WNBA and the Sun, the league’s rules and regulations, and copies of any appraisals, offers, and expressions of interest for the team. On Dec. 10, the AG’s office told FOS the league had provided documents, which it had reviewed and was assessing.

Sen. Richard Blumenthal warned the WNBA in September that its reported interference in negotiations could violate antitrust laws, and said he would “demand investigations and enforcement actions from the appropriate federal authorities if it takes any step to hinder or constrain Connecticut’s negotiations.” The prior week, Sen. Chris Murphy posted a thread on social media calling out the league for pressuring the Tribe to “accept a low-ball offer from a Trump-backed billionaire,” referring to Fertitta, who is Trump’s ambassador to Italy 

September also saw the state of Connecticut offer to buy a minority stake in the Sun as part of a deal that could keep the team in state.

Governor Ned Lamont has also been vocal about wanting to keep the Sun in Connecticut, although last month he admitted it’s an “uphill climb,” according to CT Insider.

In August, Hartford mayor Arunan Arulampalam held a press conference blasting the league over reports it was planning to block a deal that would keep the team in state.

The offices of the attorney general, the two senators, the governor, and the mayor did not immediately respond to requests for comment Friday.

The Houston Comets were the WNBA’s first dynasty, winning the league’s inaugural title in 1997 and three more over the next three seasons. The team folded in 2008 due to similar reasons plaguing teams across the league, financial strain and poor ownership. Between 2002 and 2009 six franchises ceased operations: the Comets, the Charlotte Sting, Cleveland Rockers, Sacramento Monarchs, Miami Sol, and Portland Fire. Three others—the Utah Starzz, Detroit Shock, and Miracle—were sold and relocated. 

This field is for validation purposes and should be left unchanged.

Sign up for the
Asset Class Newsletter

Get the latest in sports finance, investment, and transaction activity, straight to your inbox once a week.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Buss Family Drama Won’t Stop Lakers Sale to Iger and Kushner

Sources say the deal is unaffected by the Buss family dispute.
Jan 14, 2026; Dallas, Texas, USA; A view of the Denver Nuggets logo on the shorts of guard Tim Hardaway Jr. (10) during the game against the Dallas Mavericks at the American Airlines Center. Mandatory Credit: Jerome Miron-Imagn Images
Exclusive

Noah Reed, Katy Winge Form New Nuggets Broadcast Team

Jason Richardson and Lauren Gardner will also join Nuggets broadcasts.

Ogwumike to Play in Project B Despite WNBA Retirement

She will still play for Project B, the new global basketball league.
Oct 6, 2025; Charlotte, NC, USA; SMU player Kyla Deck answers questions from the media at The Hilton Charlotte Uptown.

SMU Women’s Basketball Player Sues NCAA Over Transfer Restrictions

It could set a precedent for more challenges to NCAA transfer restrictions.
podcast thumbnail mobile
Front Office Sports Today

8/19/26 – Lakers Family Feud, NFL Eyes Overseas Team, Knicks Embarrass Nets

0:00

Featured Today

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.

Buss Family Drama Brewing After Reported Lakers Sale

Jeanie Buss is contradicting a report that her family will sell.
Oct 13, 2024; London, United Kingdom; The Chicago Bears logo in the end zone before an NFL International Series game at Tottenham Hotspur Stadium. Mandatory Credit: Kirby Lee-Imagn Images
August 14, 2026

Bears Call Indiana Stadium Plans Their ‘Sole Focus’

Bears chairman on Illinois: “Hope is not a strategy.”
Mar 12, 2026; Los Angeles, California, USA; Los Angeles Lakers majority owner Mark Walter and team executive Jeannie Buss in attendance at Crypto.com Arena. Mandatory Credit
August 14, 2026

In Sudden $12.5B Lakers Sale, Big Questions Remain

Why did Mark Walter flip the NBA’s crown jewel in 10 months?
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
August 13, 2026

Knicks’ Title Run Creates $67 Million Bump for MSG Sports

The NBA team’s parent company reported across-the-board financial lifts. 
Mar 26, 2026; Los Angeles, California, USA; Los Angeles Dodgers owner and chairman Mark Walter walks on the field after the game against the Arizona Diamondbacks at Dodger Stadium.
August 13, 2026

‘Totally Nuts’: Mark Walter’s Lightning-Fast Lakers Flip

“It is the fastest flip I know of,” a sports economist tells FOS.
U.S. President Donald Trump speaks during an event to sign an executive order regarding vaccine flexibility, in the Oval Office at the White House in Washington, D.C., U.S., August 10, 2026.
August 12, 2026

White House Denies Involvement in Lakers Sale to Kushner

“This has nothing to do with President Trump or his administration.”
May 9, 2026; Los Angeles, California, USA; Former Disney CEO Bob Iger watches pregame warm ups before the game between Angel City FC and the San Diego Wave at BMO Stadium.
August 12, 2026

Iger, Kushner, Walter Have Sports Empires Beyond the Lakers

The three businessmen already own stakes across major sports leagues.