The WNBA's popularity and revenues have exploded in recent years—and the Connecticut Sun may unfortunately be a casualty. The Mohegan Native American tribe that owns the Sun have retained investment bank Allen and Company to facilitate the potential sale of the franchise,

The Sun, purchased and moved to Connecticut by the Mohegan Tribe in 2003, have lost ground in both players and facilities as the league has grown.

The owners of the WNBA’s Connecticut Sun hired investment bank Allen & Company to explore the sale of the franchise, according to multiple people familiar with the details. Mohegan Sun, a subsidiary of Mohegan Tribal Gaming Authority,