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Message: [QUOTE="jostar1, post: 5339428, member: 1737"] [B]Republicans and a major union oppose CT Sun investment plan. Lamont is moving ahead anyway[/B] Gov. Ned Lamont is forging ahead with his call to invest pension funds in the Connecticut Sun basketball team, despite opposition by the largest state employee union. Lamont said Monday that the opposition by the American Federation of State, County and Municipal Employees, known as AFSCME, has not changed his mind about the need for investing in a women’s professional basketball team in order to keep the team in Connecticut. While the team’s future has been uncertain for months, Lamont has been working behind the scenes. He had previously declined to provide details on the amount of money that the pension fund might invest, but he said Monday that it would depend on the exact structure of the deal. Saying that the market rate for the team is $325 million, Lamont said, “We would maybe do half of that and have others for the other half. If it’s a minority interest that keeps the team more or less where it is, our share would be obviously much less than that.” The team currently plays at the Mohegan Sun Arena, but one of the proposals calls for the team to play in Hartford at the former XL Center, which is now known as the PeoplesBank Arena. “The idea of having the Connecticut Sun play here in Connecticut, the birthplace of women’s basketball, is important,” Lamont said when asked by The Courant. “We’ve got several iterations in front of both the Mohegans and the NBA, with whom I’ve had personal conversations. We’ll see where that goes. I just urge everybody — it’s a little tough to negotiate this by press release or with 187 legislators. Give me a chance to see where we’re going to be, and then I’ll be sure that you’ll be at the front of the line to see if you want to do this deal or not.” [URL unfurl="true"]https://www.courant.com/2025/09/23/republicans-and-a-major-union-oppose-ct-sun-investment-plan-lamont-is-moving-ahead-anyway/[/URL] [/QUOTE]

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