6 days ago
Former Boston Celtics minority owner Steve Pagliuca release statement on CT Sun bid status
The group of former Boston Celtics minority owner and Bain Capital executive Steve Pagliuca (hereafter referred to as 'Pagsgroup') has put out a statement clarifying that they have not finalized a bid to purchase the Connecticut Sun, a WNBA franchise currently based in Uncasville, Connecticut at the Mohegan Sun tribal nation casino and resort. This comes in response to Sun team president Jennifer Rizzotti denying the team had been sold to Pagliuca's group as the WNBA also pushed back on claims the team would relocate to Boston.
"Contrary to some of the articles that were out yesterday, the team has not been sold," said Rizzotti this weekend. "No transaction has been agreed yet," agreed the statement put out by Pagsgroup, noting the organization's goal of 'keeping New England's WNBA team in New England.'
In the comments made by Rizzotti, allusions were made to other interested parties potentially bidding on the team, and the wording of the statement released by Pagsgroup hints that there may be a bidder (or several) interested in relocating the team outside of New England. It could also be framing to cast the group in such a light given little is known about the competition to buy the team at present.
We do know that Pagsgroup has the support of Massachusetts Governor and basketball fan Maura Healy, as well as, per the release, Rhode Island Governor Daniel McKee.
"Our objective, should we acquire the team, is to honor that legacy, further invest in the team, grow its devoted fan base in the region, and build a championship team that players and fans continue to be proud of," suggests the release from Pagsgroup.
Listen to "Havlicek Stole the Pod" on:
Spotify:
iTunes:
YouTube:
