Boston Celtics minority owner Steve Pagliuca offered to acquire the Connecticut Sun and move the team to Boston in a deal that values the team at a record $325 million, according to people familiar with the agreement.

Celtics minority owner Steve Pagliuca shared an “important update” on his planned acquisition of the WNBA’s Connecticut Sun.

Jennifer Rizzotti, president of the Connecticut team said to ESPN that a deal was reached to relocate the Sun to Boston for the 2027 WNBA season, but that the sale by the current owners, the Mohegan Tribe, and the move still needs to be approved by the league's WNBA Board of Governors.