Mat Ishbia closes $4 billion acquisition of Phoenix Suns, Phoenix Mercury - Phoenix Business Journal

Australia News News

Mat Ishbia closes $4 billion acquisition of Phoenix Suns, Phoenix Mercury - Phoenix Business Journal
Australia Latest News,Australia Headlines
  • 📰 phxbizjournal
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Ishbia is now the youngest controlling owner of any NBA team. phoenix Suns phoenixsuns phoenixmercury

in the NBA’s Suns franchise and the WNBA’s Mercury team.

Ishbia also is now the majority owner of the entity that operates the Footprint Center and all other affiliated entities around the Suns. Ishbia will serve in the role of governor of the Suns and Mercury and will represent the team during ownerships meetings with the NBA and WNBA., the CEO and founder of Shore Capital Partners, became the second largest shareholder of the team.

“In recognition of our enthusiasm for Mat, as the new steward of the Phoenix Suns and Mercury, Cheryl and I have decided to maintain all of our family’s investment in the team and to support fully Mat’s commitment to a positive workplace environment, social justice and dignity for all employees and players," Najafi said in a statement."I personally look forward to working with him and am honored to continue as Vice Chairman and Alternate on the NBA Board of Governors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

phxbizjournal /  🏆 254. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NBA approves Mat Ishbia as new owner of Phoenix SunsNBA approves Mat Ishbia as new owner of Phoenix SunsSuns expected to formally announce Ishbia as new owner on Wednesday.
Read more »

AP source: NBA approves sale of Phoenix Suns to Mat IshbiaAP source: NBA approves sale of Phoenix Suns to Mat IshbiaJUST IN: Mortgage executive Mat Ishbia is the new majority owner of the Phoenix Suns and Mercury, after the NBA's board of governors approved his plan to purchase the controlling stake of those franchises from Robert Sarver Monday night. abc15
Read more »

NBA approves sale of Phoenix Suns, Mercury to Mat IshbiaNBA approves sale of Phoenix Suns, Mercury to Mat IshbiaMortgage executive and former Michigan State guard Mat Ishbia is the new majority owner of the Phoenix Suns and WNBA’s Phoenix Mercury, after the NBA’s board of governors approved his plan to purchase the controlling stake of those franchises from Robert Sarver.
Read more »

Mat Ishbia Attempting To Make 'Major Immediate Impact' After Assuming Control Of SunsMat Ishbia Attempting To Make 'Major Immediate Impact' After Assuming Control Of SunsMat Ishbia Attempting To Make 'Major Immediate Impact' After Assuming Control Of Suns - RealGM Wiretap
Read more »

Phoenix Suns President Jason Rowley steps down, per report - Phoenix Business JournalPhoenix Suns President Jason Rowley steps down, per report - Phoenix Business JournalPhoenix Suns president and CEO Jason Rowley has resigned just ahead of the expected introduction of new team owner Mat Ishbia, according to a report from ESPN.
Read more »



Render Time: 2025-02-25 08:54:07