The WNBA’s Connecticut Sun are being sold to the Fertitta family, owners of the NBA’s Houston Rockets, for $300 million and will relocate to Texas in 2027, sources told ESPN’s Alexa Philippou.
The $300-million sale is a record for a WNBA franchise, according to Mike Vorkunov of The Athletic.
The league’s board of governors will have to approve both the sale and the relocation, Vorkunov reports.
The reported transaction marks the WNBA’s return to Houston, where the Comets were one of the the league’s original franchises in 1997. The Comets remain one of the most successful WNBA franchises on the court, having won the league’s first four championships. They’re one of only three teams to win four titles. However, the Comets couldn’t sustain that success and folded in 2008.