The sale would be the highest amount an NBA team has ever sold for, surpassing the $2.35 billion sale of the Brooklyn Nets in 2019.
The NBA’s Phoenix Suns franchise will be sold to Mat Ishbia, billionaire CEO of the Michigan-based United Wholesale Mortgage UWMC, for around $4 billion, according to a report from ESPN’s Adrian Wojnarowski.
Here... The NBA’s Phoenix Suns franchise will be sold to Mat Ishbia, billionaire CEO of the Michigan-based United Wholesale Mortgage UWMC , for around $4 billion, according to a report from ESPN’s Adrian Wojnarowski. Here are the top five most expensive sports franchise sales in the U.S., assuming the Suns will sell for the reported price:
Current Suns owner Robert Sarver put his teams, the NBA’s Phoenix Suns and the WNBA’s Phoenix Mercury, on the market after an investigation found evidence of a racially and sexually insensitive workplace. The $4 billion reported sale also includes the Phoenix Mercury, The Athletic reported.
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Report: Mat Ishbia finalizing deal to purchase Phoenix Suns from Robert SarverMat Ishbia, the former Michigan State University guard turned billionaire executive, is finalizing a purchase of the Phoenix Suns from embattled owner Robert Sarver, according to ESPN's Adrian Wojnarowski.
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Report: Incidents involving Phoenix Suns' CEO remain an issue for employeesAn ESPN report details incidents with Suns CEO Jason Rowley employees say contributed to toxic workplace under Robert Sarver.
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Misconduct within Phoenix Suns reportedly extends beyond Robert Sarver to current CEO, other executivesAllegations of workplace misconduct within the Phoenix Suns and Mercury extend beyond managing partner Robert Sarver to multiple executives still employed by the teams, including president and chief executive officer Jason Rowley, according to another investigative report from ESPN's Baxter Holmes.
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Next 5: Suns looking to build off comeback thriller over Pelicans, face West-leading Grizzlies twicePhoenix Suns play West-leading Memphis twice during their next five games.
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