Mat Ishbia reportedly buying Phoenix Suns and Mercury in record $4bn sale
Ishibia, 42, set to buy NBA and WNBA clubs from Robert SarverSale would represent largest purchase of team in NBA history
Mortgage executive Mat Ishbia has agreed in principle to buy the Phoenix Suns and Phoenix Mercury from the embattled owner Robert Sarver for $4bn, a person with knowledge of the negotiations told the Associated Press on Tuesday.
It is the first step in a process that is expected to take several weeks to complete, according to the person, who spoke to the AP on condition of anonymity because neither Ishbia nor the Suns had disclosed the agreement publicly.
