Phoenix Suns have a buyer.
Bllionaire mortgage lender Mat Ishbia is finalizing a purchase of the Phoenix Suns for about $4 billion, a record deal expected to be completed"in the near future,'' ESPN's Adrian Wojnarowski reported Tuesday.
The Republic confirmed the report from a source close to the situation who also heard it's a record deal for an NBA team. Joe Tsai purchased the Brooklyn Nets for $3.3 billion.Ishbia owns United Wholesale Mortgage which is based in Pontiac, Michigan.Have opinion about current state of the Suns? Reach Suns Insider Duane Rankin at
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