Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
US Senator Richard Blumenthal (D-CT) sent a VNA letter on Monday League warning not to remain outside the negotiations between Mohegan tribes and potential new ownership groups for it Connecticut SunAnd that “any attempts to VNBA blocks efforts to keep the sun in Connecticut could violate the federal laws on antitrusts”.
Blumenthal, which is a member of the Senate’s judicial committee and previously, said “seeking investigations and actions and execution from appropriate federal authorities if (VNBA) has any step to interfere with or restrict Connecticut.”
The letter comes in the next months of the conflict between VNA and Mhegan tribes, which in the research options in the investment options for the Team received the team in Boston and others who will move it to Boston and others to move it to Hartford – for full franchise.
But the League indicated that it does not consider that it is not an acceptable contract, claiming cities previously through the enlargement process would be advantage over those who are not.
Every sale and relocation must be approved by the Board of Governors.
VNBA also offered to buy the sun to $ 250 million, which would allow the League to move on the market, but the tribe did not accept that offer, believing that this price does not reflect market value.
“Any additional attempts to take on its significant management and market strength to limit or dictate the negotiations with Connecticuta”, “a limitation of trade and interference on the market that would violate the federal antitrust antitrust laws.
The ESPN reported that the property was now in conversation with Connecticuta over a proposal in which funds associated with the state would be used to acquire a minority part in a franchise. Under that offer, the games would play in Hartford and Uncasville, the current current home house and the object of practice will be built in Hartford. The agreement would also include a higher estimate from the $ 250 million bid.
The Blumumenthala letter quoted the Suns’ Sending History in the Court, the team was one of the most Holy Franchises VNAs claimed that the state proposal is fully ensured by the constant commercial and professional success of Connecticut SUN and deals with VNBA expansion issues. “
“Hartford has already shown the ability to draw fans, especially the most successful faculty programs in the country, as well as NCAA tournament games,” said in NCAA “, in NCAA tournament games”. “In addition, the movement of the team from Connecticuta would leave new England without VNA team and disrupted stability and growth in the state over the years, which made a successful franchise. “
Tribe and Liga are expected to meet soon to discuss options moving forward.