Sunday, October 4, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Fertittas to Purchase Connecticut Sun for Record $300 Million

Roughly a year after the Mohegan Tribe officially put the Sun on the market, the Rockets owners are purchasing the team.

Aug 27, 2025; Arlington, Texas, USA; Connecticut Sun forward Aneesah Morrow (24) grabs a rebound against the Dallas Wings during the first half at College Park Center.
Jerome Miron-Imagn Images

Want more from Front Office Sports
in your search results?

Add Front Office Sports on Google

The WNBA is returning to Houston. 

Roughly a year after the Mohegan Tribe officially put the Connecticut Sun on the market, the Fertitta family—who owns the Houston Rockets—are purchasing the team for $300 million, sources privy to the deal confirmed to Front Office Sports. The Sun will play the 2026 season in Connecticut before relocating to Houston where they are expected to be renamed the Comets, after the league’s original dynasty team. 

The sale was first reported by Paper City Magazine.

Tilman Fertitta, who has a net worth of more than $12 billion, according to Bloomberg, is also the U.S. ambassador to Italy.

An announcement of the sale—which comes at a record-breaking price for a WNBA team—is expected on Monday, according to sources. 

Before the Sun formally went up for sale last spring, discussions were happening within the league about facilitating a deal between the Cleveland ownership group and the Tribe. This would have allowed Houston to be granted an expansion franchise. Ultimately, the Tribe took the sale to market after being advised they would receive higher offers. As a result, the Cleveland group—led by Dan Gilbert’s Rocket Entertainment Group—were granted an expansion franchise that will begin play in 2028. 

The WNBA capped its last round of expansion at three teams—awarding Detroit and Philadelphia a team in addition to Cleveland—leaving Houston on the outside looking in. At the time of the expansion announcement last June, commissioner Cathy Engelbert assured “Houston would be up next, for sure” when asked about a timeline for evaluating bids in the future. 

Ultimately, the Sun fielded two offers valued at $325 million, first from a Boston group led by Celtics minority owner Steve Pagliuca and another from former Milwaukee Bucks owner Marc Lasry. The latter offer proposed moving the team to Hartford, Conn. The WNBA stamped out both, emphasizing only the league—not individual teams—can make relocation decisions. 

Sale discussions outwardly appeared to quiet into the fall, but behind the scenes talks continued between the Fertittas and the Tribe. 

The Mohegan Tribe became the first Native American tribe to own a professional sports team when they bought the Orlando Miracle in 2003 and relocated the team to Connecticut. 

The WNBA launched in 1997 with eight teams, one of them being the Comets who went on to win the league’s first four titles. The team folded in 2008 amid a slew of teams ceasing operations due to financial strain in rapid succession. Between 2002 and 2009 five other franchises in addition to the Comets folded: the Charlotte Sting, Cleveland Rockers, Sacramento Monarchs, Miami Sol, and Portland Fire.

By 2028 the Fire, Comets, and potentially the Rockers—if the Cleveland group opts to bring back the team’s old name—will all be restored in the WNBA. 

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

8 Burning Questions About the Manchester City Case

The ripple effects in global soccer will be huge.

Rams Avoid Calamity But Look Far From Juggernaut One Month In

They’re 2-2 after rallying to beat the Eagles.

Brewers Open Roof for Game 2 After Wild Game 1 Ending

The Brewers’ roof hotline confirmed the Game 2 move.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Randy Levine on the Yankees’ $2.6B Apollo Deal and the Protect College Sports Act

0:00

Featured Today

How the Baseball Cap Became a ‘Behemoth’

The hat has become essential for athletes, fans, and the sports-agnostic.
Morishita-Sato-homerun-celebration-at-Meiji-Jingu-Baseball-Staidum-2025
September 28, 2026

Japanese Baseball Is Fighting Back Against MLB Talent Drain

Nippon Professional Baseball is reimagining how to be a global juggernaut.
Aug 9, 2026; Bedminster, New Jersey, USA; President Donald Trump walks out of the clubhouse during the final round of the LIV Golf New York tournament at Trump National Bedminster.
September 25, 2026

Trump’s Year of Sports Gets Busier With CFB, Presidents Cup

The impact of Trump’s attendance varies across each sporting event.
A Bar of Their Own
September 25, 2026

Women’s Sports Bars: Novelty Has Worn Off, ‘That’s a Good Thing’

They’re leveling up, but sustainability remains the first consideration.
Hot & Social/Mets
September 18, 2026

Sports Teams Are Playing a New Role: Matchmaker

The latest promotion at the stadium? Love.
February 20, 2022; Cleveland, Ohio, USA; NBA great Isiah Thomas is honored for being selected to the NBA 75th Anniversary Team during halftime in the 2022 NBA All-Star Game at Rocket Mortgage FieldHouse.

Isiah Thomas’s Knicks Role Puzzles Investor

Thomas will sit on the Knicks’ board beginning later this month.
September 29, 2026

Premier League Says Manchester City Guilty of All Serious Charges

The league confirmed its findings in a statement Tuesday.
Sep 29, 2026; Houston, Texas, USA; The Houston Astros line up for the beginning of the game against the Chicago White Sox during game one of the Wildcard round for the 2026 MLB Playoffs at Daikin Park.
September 30, 2026

MLB Playoff Openers Kick Off With Mixed Attendance

The Braves and Astros failed to sell out their playoff openers.
Sponsored

Beyond the Scorecard: How Dow Is Putting Purpose at the Center of Women’s Golf

Discover how Dow and the LPGA are building a partnership with lasting impact.
September 29, 2026

Where Do Manchester City and English Soccer Go From Here?

The Premier League’s most dominant club could face drastic sanctions.
September 28, 2026

Can Atlanta City FC Defy the NWSL’s History of Bungled Rollouts?

The NWSL has a history of shaky team launches.
September 25, 2026

Manchester City Found Guilty on Almost All Financial Breach Charges

The club is expected to appeal the ruling.
September 22, 2026

Injuries to Dart, Daniels Have Giants and Commanders Reeling

Other injured NFL quarterbacks will be back sooner.