Billionaire Mat Ishbia will buy the National Basketball Association's (NBA) Phoenix Suns and women's team the Phoenix Mercury for $4 billion, ESPN reported on Tuesday.
The deal would set a record in the league after Joe Tsai bought the remaining stake in the Brooklyn Nets in 2019 in a deal that valued the team at $2.35 billion.
to sell the team in September after the NBA handed him a one-year suspension following an investigation into allegations of workplace misconduct.Reporting by Amy Tennery in New York; Editing by Ken Ferris
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