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Sources: Ishbia finalizing Suns purchase for $4B

Sources: Ishbia finalizing Suns purchase for $4B

Billionaire mortgage lender Mat Ishbia is finalizing a purchase of the Phoenix Suns and the WNBA’s Mercury for a record price of $4 billion, sources told ESPN on Tuesday.

The deal, expected to be announced as soon as Tuesday, will end the tumultuous tenure of owner Robert Sarver.

Ishbia is well-known and well-regarded within the league office, including with commissioner Adam Silver, and has developed relationships with a number of NBA owners….


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