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Celtics minority owner reaches deal to buy Connecticut Sun for record $325 million, AP source says

CONNECTICUT, AUG 2 – Steve Pagliuca's group will pay a record $325 million for the Connecticut Sun and invest $100 million in a new Boston practice facility, pending WNBA approval.

  • Celtics minority owner Steve Pagliuca reached a deal to buy the Connecticut Sun for a record $325 million, with plans to relocate the team to Boston as soon as 2027.
  • The sale, pending league approval, would be the largest in women's professional sports history, with Pagliuca's group also investing $100 million to build a practice facility.
  • The WNBA is expanding rapidly, adding five new franchises by 2030, with ownership groups paying record $250 million expansion fees.
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  • 64% of the sources are Center
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Forbes broke the news in United States on Saturday, August 2, 2025.
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