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Mohegan Tribe Sells Connecticut Sun for $300 Million

By Drooid · Sep 25, 2026, 12:45 AM UTC · How we work

Summary

Story summary

The Mohegan Tribe sold the Connecticut Sun to Houston Rockets owner Tilman Fertitta for $300 million, triggering relocation.
The tribe originally bought the franchise in 2003 for $10 million, becoming the first Native American team owner.
Proceeds will strengthen the Mohegan balance sheet as the tribe works to reduce debt.
Elders chairwoman Beth Regan called the farewell emotional and a loss of cultural pride.

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Story summary

The Mohegan Tribe sold the Connecticut Sun to Houston Rockets owner Tilman Fertitta for $300 million, triggering relocation.
The tribe originally bought the franchise in 2003 for $10 million, becoming the first Native American team owner.
Proceeds will strengthen the Mohegan balance sheet as the tribe works to reduce debt.
Elders chairwoman Beth Regan called the farewell emotional and a loss of cultural pride.