Value At Which The Phoenix Suns Will Be Sold

The Phoenix Suns are apparently set to change ownership very soon, and it appears that the franchise will fetch a record sum.

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According to ESPN NBA insider Adrian Wojnarowski, "Billionaire mortgage lender Mat Ishbia is finalizing a purchase of the Phoenix Suns."

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Adding that the purchase price is "in the neighborhood" of $4 billion.

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With Ishbia's purchase, the 17-year Robert Sarver ownership of the Suns and Mercury would come to an end.

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Sarver was accused of several acts of racism, harassment, and misogyny.

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The company recently disputed ESPN's findings about the allegedly harmful culture in their workplace.

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