Official release

NBA Board of Governors approves sale of Phoenix Suns, Phoenix Mercury to ownership group led by Mat Ishbia

The sale of the Suns and Mercury to a group led by Mat Ishbia is expected to close this week.

Official release

February 7, 2023 3:19 AM

The Suns will feature a new primary ownership group for the first time since 2004.

NEW YORK – The NBA Board of Governors has approved the sale of the Phoenix Suns and Mercury to an ownership group led by Mat Ishbia, Chairman, President and CEO of United Wholesale Mortgage. The transaction is expected to close this week.

Official release

NBA Board of Governors approves sale of Phoenix Suns, Phoenix Mercury to ownership group led by Mat Ishbia

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Ishbia to buy Suns, Mercury for $4 billion

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