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The Phoenix Suns are an American professional basketball team based in Phoenix, Arizona. The Suns compete in the National Basketball Association (NBA) as a member of the Pacific Division of the Western Conference. They are the only team in their division not to be based in California. The Suns play their home games at the Footprint Center.
In December 2022, Ishbia's bid was accepted to purchase the NBA's Phoenix Suns and WNBA's Phoenix Mercury basketball teams for $4 billion, pending league approval. [12] The NBA approved the sale on February 6, 2023. [13] Cleveland Cavaliers owner Dan Gilbert, who is also the CEO of Rocket Mortgage, abstained from voting. [14]
This article is a list of principal owners of National Basketball Association teams. The NBA requires a change in "controlling ownership" to be approved by the NBA Board of Governors, composed of one representative (Governor) from each team. [1] Toronto Raptors owner Larry Tanenbaum has been Chairman of the NBA Board of Governors since 2017. [2]
Robert Sarver, Phoenix Suns: $400 Million. Owner since: 2004. How much they purchased the team for: $404 million. How much the team is worth: $1.625 billion.
This page was last edited on 29 December 2024, at 01:36 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Mat Ishbia, the former Michigan State University guard turned billionaire executive, is finalizing a purchase of the Phoenix Suns and Mercury from embattled owner Robert Sarver, according to ESPN ...
Phoenix Suns owner Mat Ishbia announced on Thursday he's spending upwards of $100 million to build a dedicated practice facility for the WNBA's Phoenix Mercury and a downtown campus for Suns and ...
Robert Gary Sarver [1] (born October 31, 1961) is an American businessman, co-founder of Southwest Value Partners, a real estate development company, and the former owner of the Phoenix Suns NBA team, Phoenix Mercury WNBA team and the RCD Mallorca La Liga Spanish football team. [2]