The Mohegan Native American tribe that owns the Sun have retained investment bank Allen and Company to facilitate the potential sale of the franchise, according to a Monday afternoon report from Kurt Badenhausen and Eben Novy-Williams of Sportico.

Connecticut Sun president Jennifer Rizzotti said Tuesday that the team's ownership group is "exploring all options to strategically invest in the team," including a potential sale.

Connecticut Sun president Jennifer Rizzotti confirmed Tuesday that the franchise’s ownership is exploring a potential sale of the team. Rizzotti said “all options are on the table” as it relates to a sale process.