HARTFORD, CT (WFSB) - Connecticut Republicans planned to weigh in on a proposal to use the state’s pension fund to invest in the Connecticut Sun.
A news conference was set for 11:30 a.m. on Thursday.
House and Senate Republican Leaders Vincent Candelora and Stephen Harding, among others, called it a “pension fund gamble.”
Connecticut proposed an investment plan that would give the state, and other investors associated with it, a minority stake in the Sun that would cost more than the current WNBA offer of $250 million.
That proposal, if accepted, would keep the Sun in Connecticut.
Sources familiar with the matter said that the offers for the team included the willingness to build a practice facility that would cost up to $100 million.
Those sources also said that the team would play