It may not have officially reached “saga” status, but the plot continues to thicken about if and when the WNBA’s Connecticut Sun move to Boston, Hartford, possibly Houston, or elsewhere.
CT Insider reported Wednesday that the investment group seeking to move the Sun to Hartford had matched the $325 million bid that former Celtics co-owner Steve Pagliuca made, looking to move the team to Boston.
However, the commitment to spend $100 million to build a practice facility for a Boston WNBA team made by the Pagliuca group apparently is still missing from the Marc Lasry-led Hartford bid. The Connecticut state government is part of that group and would be taking on the practice facility portion, but no state funds have yet been committed, sources told CT Insider.
And despite the Hartford group’s match of Pagliuca’s bid, CT Insider reported that the WNBA and the NBA — which holds significant sway in the WNBA’s management — do not want the Sun to move to a market, such as Hartford, that does not also have an NBA team.
Front Office Sports added another wrinkle, reporting that the WNBA possibly wants part of the action of the transaction.
The floor of the price tag to buy the Sun apparently has been set at $325 million. That money would go to the team’s owner, the Mohegan Tribe. FOS reported that the successful bidder would also likely have to pay the WNBA an undetermined relocation fee.
FOS also reported that Houston, which fell short of the $250 million expansion fee paid by Cleveland, Detroit, and Philadelphia to become the WNBA’s next three teams, is where the league wants the Sun to be relocated.
That means if Houston Rockets owner Tilman Fertitta can at least match and possibly top the $325 million that Pagliuca and Lasry have offered for the Sun and pay a relocation fee that would satisfy the WNBA, the Sun could move to Houston.
After the Globe reported Pagliuca’s bid this month, the WNBA issued a statement that nine other cities stood in front of Boston in line for a WNBA franchise, and that Boston never made a bid to compete against Cleveland, Detroit, Philadelphia, and others before the expansion deadline.
The league also said that a “prospective Celtics owner has also reached out to the league office and asked that Boston receive strong consideration for a WNBA franchise at the appropriate time.”
Bill Chisholm leads the investment group that has bought the Celtics from the Wyc Grousbeck-led investment group that included Pagliuca.
Michael Silverman can be reached at michael.silverman@globe.com.