Robert Sarver, who bought the team in 2004 for $401 million, the record price of that time, announced that he had signed with Mat Ishbia for $4 billion. With the agreement that will be finalized with the approval of the NBA management, the Phoenix Mercury Women’s Basketball Team will also be transferred to Ishbia.
Phoenix Suns, one of the NBA teams, is changing hands for a record price. US businessman Mat Ishbia is buying Phoenix Suns and Phoenix Mercury women’s basketball team for $4 billion. Robert Sarver, who bought the club in 2004 for 401 million dollars, which was the record price of that period, announced that they had reached a definitive agreement for the sale of Suns and Mercury in a joint statement with Mat Ishbia.
New boss Mat Ishbia: I’m so excited
In the statement, it was stated that Math Ishbia’s brother, Justin Ishbia, will also invest in the club and act as vice president. Mat Ishiba said, “I’m so excited to be the new president of the Suns and Mercury. “I know that both teams have an incredibly dynamic fan base, and I’ve had the opportunity to experience that for a few months.”
Brooklyn Nets sold for $3.3 billion
After the deal becomes official, the Phoenix Suns will become the most expensive team in NBA history. Currently, this title belongs to Brooklyn Nets, which was acquired by Joe Tsai in 2019 for $3.3 billion. In second place comes the Houston Rockets, played by our national basketball player Alperen Şengün. Tilman Fertitta bought the Houston Rockets for $2.2 billion in 2017.
(Liberty)
