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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Blake Schuster

3 Things to know about Mat Ishbia, who is reportedly buying the Phoenix Suns for $4 billion

The Phoenix Suns apparently have a new majority shareholder on the way, ending the disastrous reign of Robert Sarver after the league all but pushed him out following an investigation into toxic workplace culture.

According to ESPN’s Adrian Wojnarowski, Mat Ishbia, a 42-year-old billionaire from Michigan, has reached an agreement to purchase Sarver’s stake in both the Suns and WNBA’s Phoenix Mercury and assume the role of team chairman.

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