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Home Business Journals

Report: Connecticut Sun women’s hoops team for sale

Team has been valued at $80M after 22-year Mohegan Tribe ownership

Gary Larkin by Gary Larkin
May 13, 2025
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Olivia Nelson-Ododa of the Connecticut Sun drives to the basket during a recent game against the New York Liberty. Photo courtesy of the Connecticut Sun

UNCASVILLE – Multiple reports have been swirling that The Connecticut Sun WNBA women’s basketball team is for sale.

In a post on X, Eben Novy-Williams, deputy editor of Sportico, reported: “SCOOP: The

@ConnecticutSun are for sale. The team, which we valued at $80M last year, plays in the

@WNBA‘s smallest market, have lagged in investment, and could definitely relocate. Allen & Co. handling process.”

Allen & Co. is a Lakeland, Fla.-based investment firm that dates back to 1932. They are primarily a financial advisor. The Connecticut Sun, which plays at the Mohegan Sun casino arena, were originally the Orlando Miracle when they were founded in 1998.

The Mohegan Tribe brought the team to Uncasville for a $10 million fee paid to the WNBA in 2003.

No other details are available.

In other Connecticut Sun news, the team announced Monday, May 12 that Jordan’s Furniture is the official furniture and mattress partner for the team in a multi-year deal that extends through the 2027 season. This partnership reflects a shared commitment to community values, inclusion, and the future of basketball in New England, the team said.

Jordan’s Furniture, a supporter of local businesses and a long-time advocate for the LGBTQ+ community, has been a key partner for the Connecticut Sun for several years. With a focus on diversity and inclusion, Jordan’s Furniture has long celebrated Pride Month and has deep ties to the New England region, partnering with all four major professional Boston sports teams in addition to the Sun.

“There’s nothing like the excitement of a Sun game! It’s high-energy, welcoming, and full of New England pride,” said Linda SanGiacomo, senior vice president of marketing at Jordan’s Furniture. “We’re proud to be part it and cheer on fans, families, and future stars. Let’s go Sun!”

Jordan’s Furniture will sponsor five Basketball for Free clinics, offering local kids the opportunity to learn from Sun players and coaches at no cost, providing access to basketball training and promoting youth participation in the sport. The partnership will also include continued sponsorship of the Connecticut Sun’s DJ Booth, a fan engagement series where four lucky fans will be upgraded from the upper bowl to sit next to the DJ booth at every home game at Mohegan Sun Arena.

“We are thrilled to deepen our partnership with Jordan’s Furniture,” said Connecticut Sun President, Jen Rizzotti. “Their dedication to creating opportunities for youth, supporting local businesses, and championing LGBTQ+ groups aligns perfectly with the values we hold at the Connecticut Sun.

“Their investment in our community is something that truly resonates with our team and our fans, and we believe that Jordan’s Furniture’s continued dedication to supporting local causes will only strengthen the Connecticut Sun’s mission to serve its community both on and off the court.”

 

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