Tilman Fertitta Acquires Connecticut Sun for $300 Million

(AsiaGameHub) –   Tilman Fertitta has reached an agreement to acquire the Connecticut Sun from the Mohegan Tribe for a record-breaking $300 million. Following one final season in Connecticut, the franchise is set to move to Houston in 2027 and revive the Houston Comets name, subject to league authorization.

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Good to Know

• The $300 million purchase price sets a new high for a WNBA team.
• The franchise will remain in Connecticut for the upcoming season prior to its relocation.
• The original Comets secured the first four WNBA championships between 1997 and 2000.

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Historic Transaction Concludes Mohegan Ownership

Having purchased the team in 2003, the Mohegan Tribe made history as the first Native American tribe to own a professional U.S. sports franchise and the WNBA’s inaugural independent owner. Although the Sun made four appearances in the WNBA Finals, they did not secure a championship.

Joe Soper remarked: “Mohegan is deeply thankful to our devoted fans who have supported the team throughout 23 fantastic seasons.” He continued: “This organization — and the significant contributions of the gifted athletes who represented us — has had a profound and lasting effect on Mohegan Sun and the surrounding community.”

Patrick Fertitta expressed to ESPN that the family is “excited to return the Houston Comets to this great city” and feels “the moment is ideal to launch a new chapter of Comets basketball.” Fertitta, who also owns the Houston Rockets, shares casino industry connections with the sellers through entities like Golden Nugget, Wynn Resorts, and Mohegan Sun.