"any attempts by the WNBA to block efforts to keep the Sun in Connecticut could violate federal antitrust laws."
"demand investigations and enforcement actions from the appropriate federal authorities if [the WNBA] takes any step to hinder or constrain Connecticut's negotiations."
U.S. Senator Richard Blumenthal sent a letter to the WNBA warning the league to stay out of negotiations between the Mohegan tribe and prospective owners for the Connecticut Sun. He warned that any attempts by the WNBA to block efforts to keep the Sun in Connecticut could violate federal antitrust laws and said he would demand investigations and enforcement actions from federal authorities if the league hindered negotiations. The Mohegan tribe, owner since 2003, received two $325 million bids proposing relocation to Boston and Hartford. The WNBA offered $250 million to buy and relocate the team, an offer the tribe rejected as below market value. Any sale and relocation require Board of Governors approval.
Read at ESPN.com
Unable to calculate read time
Collection
[
|
...
]