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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]
Justin R. Ishbia is an American billionaire businessman and private equity investor who is a founding partner of Shore Capital Partners. He is a part majority owner of the Phoenix Suns of the NBA and Phoenix Mercury of the WNBA along with his brother Mat Ishbia. [1]
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.
New Phoenix Suns owner Mat Ishbia wasted little time overhauling his team's roster. Now, he's turned his attention to the fan experience at Footprint Center. The Suns and the WNBA's Phoenix ...
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 ...
Phoenix Suns owners Mat Ishbia, right, and brother Justin Ishbia pose for a photo during an introductory news conference at Footprint Center in Phoenix, Feb. 8, 2023.
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]
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.