CONNECTICUT (WTNH) — In the ongoing fight to keep the WNBA's Connecticut Sun in the state, Gov. Ned Lamont pitched a new plan for the state itself to become an investor in the franchise through the multibillion-dollar public employee pension funds it manages.
News 8 first reported high-level talks about the pension fund investment plan last week. The idea came about as the Sun's owners, the Mohegan Tribe, are actively seeking either a buyer or investor for the team.
An offer from a Boston-based group to buy the team and relocate the Sun was reported earlier this summer, triggering panic among Connecticut leaders that the state was about to experience the loss of its sole remaining major league sports franchise.
Lamont had previously endorsed another bid by a Connecticut billionaire to b