Live Bar, January 26th according to a joint report by Mingji Woj and Baxter Holmes, the deal of Sun’s new boss Matt Ishbia to acquire Sun and Mercury at a valuation of 4 billion US dollars is expected to take effect in the next two weeks, he can officially take over the team before the trading deadline of February 10.
Sources said that this would clear the way for Ishbia to supervise the deal between the team and the management. It is reported that although former Sun boss Savo was punished by the league in September 2021, he still kept a portion of the power, including signing, purchasing and trading high-paying players (whose salary exceeds the average level of the league).
According to sources, Ishbia is eager to start participating in the team operation and hopes to do personal work in the team construction.
Sun’s current record is 25-24, ranking 7th in the West.
Related news: valued at $4 billion! Official Xuan: Matt Ishbia officially acquired Suns and Mercury