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 Mohegan Sun ownership group has reportedly hired investment bank Allen & Co. to explore selling the Connecticut Sun amid WNBA expansion.

The WNBA franchise has hired an investment bank to explore the sale of the franchise, Sportico reported Monday afternoon. A timeline for such a sale, or who it may be sold to, remains to be seen. According to the report, however, relocation of the franchise is likely.