Live broadcast on February 8th news the Suns officially announced that with the approval of the NBA Board of Directors, Matt Ishbia completed the acquisition of the Suns and mercury, and he would become the new boss of the team.
Ishbia said in an interview: “This is the peak of my lifelong dream. I love basketball deeply, but for me, the significance of basketball is far more than that. In my life, basketball has given me a second family, education and happiness. I am honored to be the next manager of Phoenix Suns and Phoenix Mercury. I will be fully committed to building an incredible organization inside and outside the stadium.”
According to the previous news, Ishbia bought 57 percent of the Suns for 2.28 billion dollars.