{"id":212580,"date":"2025-09-09T10:32:13","date_gmt":"2025-09-09T10:32:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/212580\/"},"modified":"2025-09-09T10:32:13","modified_gmt":"2025-09-09T10:32:13","slug":"ct-lawmakers-seek-transparency-on-talk-of-pension-funds-to-invest-in-ct-sun","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/212580\/","title":{"rendered":"CT lawmakers seek transparency on talk of pension funds to invest in CT Sun"},"content":{"rendered":"

Republican state representatives Monday called for transparency after a report that state government officials were considering using pension funds<\/a> in an effort to make a minority investment in the Connecticut Sun<\/a>.<\/p>\n

The state reportedly submitted a proposal which would have it enter into a limited partnership with the Mohegan Tribe<\/a>. Under the proposal, the Sun would remain primarily at Mohegan Sun Arena and play some games at PeoplesBank Arena in Hartford. State-affiliated funding would also reportedly be used to build and finance a practice facility in Hartford for the WNBA team to lease.<\/p>\n

WTNH-TV\u2019s Mike Cerulli reported<\/a> that one of the options being considered was a maneuver that would allow the state to invest in the Sun through the state\u2019s multi-billion-dollar pension funds. The report cites sources that stressed details of a potential investment through pension funds were still being discussed, and that no deal has been made.<\/p>\n

State Republican Sens. Stephen Harding, Henri Martin, Ryan Fazio, Rob Sampson and Heather Somers reacted to the report Monday.<\/p>\n

\u201cSo Democrats are going to raid the Connecticut state government employee retirement fund to get the team to stay? Do we have that right, Gov. Lamont?\u201d the senators said.<\/p>\n

\u201cWe appreciate the team just like fans across the state, but this odd fiscal scheme raises multiple red flags. We need transparency, public hearings and honest debates. This involves potentially hundreds of millions of taxpayer dollars. Gov. Lamont: No more backroom deals. People deserve sunlight. Let the PUBLIC discussions begin.\u201d<\/p>\n

The state reportedly submitted the proposal last week.<\/p>\n

The Courant reached out to Gov. Ned Lamont\u2019s office for comment, and Director of Communications Rob Blanchard responded:<\/p>\n

\u201cThe Connecticut Sun have a loyal fan base here at time when the WNBA is continuing to reach new heights and we look forward to working with the league as a partner toward further growth. There\u2019s a reason we are the \u201cBasketball Capital of the World\u201d\u2013UConn has produced more championships and WNBA stars than any program and our goal is to defend that claim by finding a way to keep the Sun stay in Connecticut with their fans.\u201d<\/p>\n

Approval from the state legislature would likely be required before any state investment into the Sun is finalized, or before a practice facility could be built. The legislature is set to reconvene this fall for a special session.<\/p>\n

This story will be updated as more information becomes available.<\/p>\n

\n

CT lawmaker warns WNBA not to \u2018interfere\u2019 with sale of Connecticut Sun<\/a><\/p>\n<\/blockquote>\n

\u00a0<\/p>\n

Originally Published: September 8, 2025 at 2:38 PM EDT<\/p>\n","protected":false},"excerpt":{"rendered":"Republican state representatives Monday called for transparency after a report that state government officials were considering using pension…\n","protected":false},"author":3,"featured_media":212581,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[116392,116393,95592,2731,64,49006,72525,23136,116391,2738,2472,51254,7000,15980,57023,46190,7001,4345,728,116389,5826,19832,116387,5678,116390,255,26523,8663,36363,8662,62,290,116388,71614,3007,67,132,68,232],"class_list":{"0":"post-212580","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-250-million","9":"tag-325-million","10":"tag-bid","11":"tag-boston","12":"tag-business","13":"tag-buy","14":"tag-buyer","15":"tag-cathy-engelbert","16":"tag-chris-murphy","17":"tag-connecticut","18":"tag-connecticut-sun","19":"tag-ct","20":"tag-ct-news","21":"tag-expansion","22":"tag-franchise","23":"tag-hartford","24":"tag-hartford-courant","25":"tag-houston","26":"tag-local-news","27":"tag-marc-lasry","28":"tag-move","29":"tag-offer","30":"tag-owned","31":"tag-pension","32":"tag-peoplesbank-arena","33":"tag-personal-finance","34":"tag-purchase","35":"tag-relocation","36":"tag-richard-blumenthal","37":"tag-sale","38":"tag-sports","39":"tag-state","40":"tag-state-of-connecticut","41":"tag-steve-pagliuca","42":"tag-team","43":"tag-united-states","44":"tag-unitedstates","45":"tag-us","46":"tag-wnba"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/212580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=212580"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/212580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/212581"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=212580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=212580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=212580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}