Pagliuca released a statement Sunday, confirming an offer had been made to buy the team and move it out of Mohegan Sun Arena, but said there were still approvals that had not been obtained from the WNBA.

A day after it was announced that a Steve Pagliuca led group made a massive $325 million offer to buy the Connecticut Sun from the Mohegan Sun tribe and move the WNBA team to Boston, the Celtics minority owner confirmed the reports and released an important update on social media.

Boston Celtics minority owner Steve Pagliuca said the potential deal to buy the Connecticut Sun for a record amount and move the team still needs approval from the WNBA Board of Governors. Pagliuca released a statement through his group on social media on Sunday confirming an offer had been made to buy the team and move it out of Mohegan Sun Arena,