Ishbia is now the youngest controlling owner of any NBA team. phoenix Suns phoenixsuns phoenixmercury
in the NBA’s Suns franchise and the WNBA’s Mercury team.
Ishbia also is now the majority owner of the entity that operates the Footprint Center and all other affiliated entities around the Suns. Ishbia will serve in the role of governor of the Suns and Mercury and will represent the team during ownerships meetings with the NBA and WNBA., the CEO and founder of Shore Capital Partners, became the second largest shareholder of the team.
“In recognition of our enthusiasm for Mat, as the new steward of the Phoenix Suns and Mercury, Cheryl and I have decided to maintain all of our family’s investment in the team and to support fully Mat’s commitment to a positive workplace environment, social justice and dignity for all employees and players," Najafi said in a statement."I personally look forward to working with him and am honored to continue as Vice Chairman and Alternate on the NBA Board of Governors.
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NBA approves Mat Ishbia as new owner of Phoenix SunsSuns expected to formally announce Ishbia as new owner on Wednesday.
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AP source: NBA approves sale of Phoenix Suns to Mat IshbiaJUST IN: Mortgage executive Mat Ishbia is the new majority owner of the Phoenix Suns and Mercury, after the NBA's board of governors approved his plan to purchase the controlling stake of those franchises from Robert Sarver Monday night. abc15
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NBA approves sale of Phoenix Suns, Mercury to Mat IshbiaMortgage executive and former Michigan State guard Mat Ishbia is the new majority owner of the Phoenix Suns and WNBA’s Phoenix Mercury, after the NBA’s board of governors approved his plan to purchase the controlling stake of those franchises from Robert Sarver.
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