Posted on: March 28, 2026, 01:44h.
Last updated on: March 28, 2026, 01:46h.
It marks the return of the Houston Comets The transaction is reportedly worth $300 million Tilman Fertitta and his family also own the Houston RocketsTilman Fertitta and his family are reportedly acquiring the WNBA’s Connecticut Sun and will relocate the franchise, restoring the Houston Comets team.
Tilman Fertitta. His family is set to acquire the WNBA’s Connecticut Sun for $300 million. (Image: Getty)The transaction, which must still be ratified by the league’s board of governors, is said to be worth $300 million – the highest tally in WNBA history. However, that’s below the $325 million former Bain Capital executive Steve Pagliuca was poised to pay when a deal was announced last August.
The transaction with Pagliuca was stalled by WNBA Commissioner Cathy Engelbert because he planned to move the team to Boston but didn’t apply for relocation as part of the league’s expansion process. WNBA relocation decisions are subject to league-wide approval, not the desires of individual owners, indicating the Fertitta’s must get permission prior to moving the Sun to Houston and turning the team into a new version of the Houston Comets.
Prior to be disbanded by the league, the Comets call Houston home from 1997 through 2008. The franchise won four consecutive championships in its first four years of existence, marking the formation of the WNBA’s first true dynasty.
Casino Imprints on Fertitta/Sun Deal
The sale of the Connecticut Sun includes plenty of casino gaming angles. Mohegan, the seller, operates the Mohegan Sun Casino in Connecticut. That’s where the WNBA team plays.
Fertitta Entertainment Inc. (FEI) controls the Golden Nugget casinos and rumors recently surfaced that Tilman Fertitta is in talk to acquire Caesars Entertainment (NASDAQ: CZR). He reportedly submitted a $34 per share bid for earlier this month, valuing the Horseshoe operator’s equity at $7 billion.
There are competing though lower offers on the table for Caesars, including one from activist investor Carl Icahn, and it’s believed the casino operator and Fertitta are in the midst of an exclusive 45-day negotiating period.
News of the Sun deal emerges about two years after Fertitta publicly said he was interested in returning the WNBA to Houston and potentially bringing an NHL franchise to the fourth-largest US city.
Interesting Quirk in Fertitta Deal for the Sun
Should the WNBA approve the Fertitta’s acquisition of the Sun, it’d likely result in Golden Nugget sportsbooks not accepting wagers on the WNBA. There’s precedent for that stipulation because after the family acquired the Houston Rockets for $2.2 billion in 2017, Golden Nugget sportsbooks stopped accepting bets on games involving that team.
It’s widely believed that if Fertitta acquires Caesars, that rule will carry over to that operator’s sportsbooks, implying it’d likely apply to Sun/Comets games.
The Rockets don’t fall under the FEI umbrella and it’s likely the same would apply to the WNBA team. FEI controls the Landry’s restaurant empire and the Golden Nugget casinos. The group owns more than 600 restaurants across the Bubba Gump’s, Chart House, Del Frisco’s, Mastro’s, and Morton’s brands, among others.
Fertitta Family Buys WNBA’s Sun, Relocating Team to Houston NYT News Today.
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