American billionaire agrees $4b takeover of Phoenix Suns & Mercury
American billionaire Mat Ishbia has agreed to buy NBA and WNBA teams Phoenix Suns and the Phoenix Mercury in a historic deal worth $4 billion. The 42-year-old mortgage executive agreed to a deal in principle with owner Robert Sarver, who has endured a tumultuous tenure after he was suspended for racist and sexist behaviour. Ishbia graduated from Michigan State University, where he played on the team...