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Thursday, April 25, 2024

Ishbia Brothers Buying Phoenix Suns For An NBA Record $4 Billion

Mat and Justin Isbia are buying the NBA’s Phoenix Suns and the Phoenix Mercury of the WNBA from Robert Sarver for $4 billion. The brothers are acquiring about 60% of the NBA team, according to people familiar with the deal. Sarver owns about 35%. In October, Forbes valued the Suns at $2.7 billion. The …

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