• Editorial Team
  • About Us
  • Contact Us
FirstSportz
  • eSports
  • F1
  • Football
  • Golf
  • MLB
  • MMA
  • NASCAR
  • NBA
  • NFL
  • NHL
  • Tennis
  • WWE
No Result
View All Result
  • eSports
  • F1
  • Football
  • Golf
  • MLB
  • MMA
  • NASCAR
  • NBA
  • NFL
  • NHL
  • Tennis
  • WWE
No Result
View All Result
FirstSportz
No Result
View All Result
Home NBA

REPORT: Mat Ishbia inches closer to finalizing Phoenix Suns acquisition from Robert Sarver

Mat Ishiba set to be the new owner of the Phoenix Suns as soon as 9th February if NBA approves.

by Rakibul John Rodgers
January 27, 2023, 4:27 PM IST
in NBA, Phoenix Suns

According to ESPN’s Adrian Wojnarowski, the deal to sell the Phoenix Suns and the Phoenix Mercury to billionaire mortgage financier Mat Ishbia could be completed within the next two weeks. Ishbia is on pace to take over team operations before the NBA trade deadline in February if the NBA board of governors approves.

According to reports, Mat Ishbia completed the $4 billion purchase of both teams from Robert Sarver a month ago. The report from ESPN confirmed that figure, making the deal the biggest in league history.

View this post on Instagram

A post shared by FirstSportz NBA 🏀 (@firstsportznba)

Sarver was forced to sell the team by the NBA following accusations of misconduct and racism. He purchased the team in 2004, which was worth $400 million at that time. Over the years, the Phoenix Suns popularized themselves in the market with their recent success.

Mat Ishbia will also get more than 50% of ownership from this deal. Upon approval, the deal would be the biggest-ever purchase made in the history of American Sports. Both teams are already on a very good path, especially the Suns led by Devin Booker along with the assistance of Chris Paul. Booker has been exceptional on offense this season averaging 28 points per game.

Related:“And I’ll beat your a**,” Damian Lillard was ready to settle down beef with CHIRPING Patrick Beverly

More about Mat Ishiba, the future owner of the Phoenix Suns

In 2013, Mat Ishbia succeeded his father as CEO and chairman of United Wholesale Mortgage. Last year, Mat Ishbia floated the business at a price of $16.1 billion. Ishbia, 43, will be the NBA’s youngest franchise owner, just edging out 44-year-old Memphis Grizzlies owner Robert Pera.

After Mat Ishbia attended Phoenix’s home game on Friday, Suns head coach Monty Williams told reporters he spoke with the team’s prospective owner. Williams said having someone like Mat Ishbia in place was “excellent for the team, the organization, and the community.”

“It was short, but everything that I’ve heard about Mat Ishbia and his family and the way he runs his business has been pretty cool to hear all that,” Williams said. “Getting a chance to talk to him [Friday] was something that I had been looking forward to, but I’m sure our fans can finally say, hey, that’s our guy, and move forward.”

In Case You Missed It:

“I believe in my abilities to stop anybody,” Russell Westbrook reveals bold reason behind wanting Ja Morant in during final play

DISTURBED Kendrick Perkins stomps on Dillon Brooks for disrespecting “blogger” Shannon Sharpe

Do follow us on Google News | Facebook | Instagram

Tags: Mat IshibaRobert Sarver
Rakibul John Rodgers

Rakibul John Rodgers

Rakibul John Rodgers is NBA Sub-Editor at FirstSportz. He enjoys being in the company of music and knows how to play the guitar, bass, drums, and ukulele.

Related Posts

Adobe Express 20230327 1145500 1

WATCH: “Hell no! Hell no!” – LeBron James BULLIES Patrick Beverley and gets revenge in big win for Lakers over the Bulls

by Vivek Yadav
March 30, 2023, 12:00 PM IST

LeBron James and Patrick Beverley have a long-standing rivalry on the basketball court. The two players have been going at each other for...

D'Angelo Russell

Is D’Angelo Russell playing tonight against the Chicago Bulls?

by Gerard Crispin
March 30, 2023, 2:30 AM IST

The Los Angeles Lakers are heading into a critical five-game road trip, starting with their matchup against the Chicago Bulls...

LeBron James

Is LeBron James playing tonight against the Bulls?

by Ankush Singh
March 30, 2023, 2:15 AM IST

LeBron James has been the face of the NBA for almost two decades. He has won four titles, four MVPs,...

Joel Embiid

Is Joel Embiid playing tonight against the Mavericks?

by Gerard Crispin
March 30, 2023, 2:00 AM IST

Joel Embiid, the Philadelphia 76ers' superstar center, has been sidelined since March 20th with right calf tightness. He sat out...

James Harden

Is James Harden playing tonight against the Mavericks?

by Gerard Crispin
March 30, 2023, 2:00 AM IST

The Philadelphia 76ers are gearing up for a crucial stretch of games in the final two weeks of the NBA...

Adobe Express 20230329 1310160 1

“Biggest clown in the league” – NBA fans FURIOUS with Draymond Green for kicking Pelicans player in the face

by Vivek Yadav
March 30, 2023, 12:58 AM IST

On Tuesday night, the Golden State Warriors faced off against the New Orleans Pelicans at the Chase Center, with the...

Justin Bieber [Image Credit: Syracuse]

Justin Bieber along with Drew House collaborate with Maple Leafs for new ball hockey program

by Kaushani Chatterjee
March 30, 2023, 1:03 PM IST

Patrick Mahomes (Image via PFF)

Patrick Mahomes voices his concerns over the new ‘Thursday Night Football’ change

by Yash Karandekar
March 30, 2023, 12:46 PM IST

Andrea Stella, Zak Brown with MCL60

McLaren reveals their second major upgrade, ‘a B-spec car’ is in the pipeline

by Rohit Bhaskar
March 30, 2023, 12:39 PM IST

Paulo Costa Joe Rogan

“He will never invite you” – UFC fighter leaves fans traumatized with AI generated nudes of Joe Rogan

by Prateek Athanur
March 30, 2023, 12:32 PM IST

FirstSportz-Logo-Light
FirstSportz is the First Stop for all sports fanatics. Starting in 2019, we initially covered Olympic Sports, but in 2021 we added every other sport which you might be looking for, like NFL, Golf, MLB, WWE Cricket, Football, Tennis, Esports, NBA, MMA and more.
DMCA.com Protection Status
  • About Us
  • Advertise at FirstSportz
  • Contact Us
  • Correction Policy
  • DMCA/Copyrights Disclaimer
  • Editorial Team
  • Ethics Policy
  • Fact Checking Policy
  • GDPR Compliance
  • Join Us
  • Ownership and Funding Information
  • Privacy Policy

© 2023 by Firstsportz

No Result
View All Result
  • eSports
    • Free Fire
  • F1
  • Football
  • Golf
  • MLB
  • MMA
  • NASCAR
  • NBA
  • NFL
  • NHL
  • Tennis
  • WWE
  • Info
    • About Us
    • Editorial Team
    • Contact Us

© 2023 by Firstsportz