NBA: Phoenix Suns & Phoenix Mercury to be bought by Mat Ishbia for a record $4bn (€3.7bn)

News Tank Football - Paris - News #274698 - Published on 21/12/22 at 12:30
©  D.R.
Mat Ishbia, new president of the Phoenix Suns - ©  D.R.

Mat Ishbia, chairman and CEO of United Wholesale Mortgage, has agreed in principle to buy the majority stake in the Phoenix Suns (NBA) and Phoenix Mercury (WNBA) from Arizona-based franchise owner Robert Sarver for $4bn (€3.7bn), announced the two parties on 20/12/2022.

The acquisition must now be approved by the National Basketball...

©  D.R.
Mat Ishbia, new president of the Phoenix Suns - ©  D.R.

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