The possession of the Connecticut Solar plans to current a number of choices for a sale to the WNBA, sources advised ESPN.
The choices are more likely to embrace a full sale to Steve Pagliuca’s group for $325 million, a sale to a Connecticut-based group that includes Marc Lasry, and permitting the league to buy the workforce for $325 million and transfer it to a different market.
Pagliuca’s group plans to maneuver the workforce to Boston. Lasry’s group would preserve the workforce in Connecticut and transfer it to Hartford.
It’s also rumored that the WNBA desires to maneuver the workforce to Houston.
The Mohegan tribe, which has owned the Solar since 2003, is searching for extra readability after Pagliuca’s bid was met with resistant from the league.
The tribe is reportedly pissed off and feels that the league is pushing in the direction of a transfer to a brand new market. The WNBA provided $250 million to purchase the workforce and relocate it previous to Pagliuca’s bigger bid.
There may be additionally concern throughout the league that ought to the workforce transfer to Boston, it will not have the ability to play each house sport at TD Backyard attributable to scheduling points.