On December 20, 2022 it was announced that Mat Ishbia reached an agreement in principle to buy a majority stake in the Suns, the Mercury, and everything else involved.
This, after Robert Sarver announced on September 21 that he was puttin' the ol' place up for sale.
Just 3 months to find and vet a majority owner in principle, and only anot…
On December 20, 2022 it was announced that Mat Ishbia reached an agreement in principle to buy a majority stake in the Suns, the Mercury, and everything else involved.
This, after Robert Sarver announced on September 21 that he was puttin' the ol' place up for sale.
Just 3 months to find and vet a majority owner in principle, and only another 45-ish days until the NBA Board of Governors approved the sale of the Suns and Mercury to Ishbia.
Within mere weeks, Ishbia was overriding the front office he'd acquired and telling them to pay whatever it took to get Durant into purple-and-orange.
I'm guessing the Phoenix transaction was more complicated than buying the Thorns and resolving the lease issue and decoupling the franchises.
I'm also guessing Kang's acquisition of OL Kang while partitioning OL Reign from her ownership of DC Kang is also more complicated.
Yeah, agreed. I don't know a thing about basketball, but I agree it's bizarre how quickly the OL process has moved. I think it's very close to being done. I saw reports on the 30th that it was all but signed.
On December 20, 2022 it was announced that Mat Ishbia reached an agreement in principle to buy a majority stake in the Suns, the Mercury, and everything else involved.
This, after Robert Sarver announced on September 21 that he was puttin' the ol' place up for sale.
Just 3 months to find and vet a majority owner in principle, and only another 45-ish days until the NBA Board of Governors approved the sale of the Suns and Mercury to Ishbia.
Within mere weeks, Ishbia was overriding the front office he'd acquired and telling them to pay whatever it took to get Durant into purple-and-orange.
I'm guessing the Phoenix transaction was more complicated than buying the Thorns and resolving the lease issue and decoupling the franchises.
I'm also guessing Kang's acquisition of OL Kang while partitioning OL Reign from her ownership of DC Kang is also more complicated.
Yeah, agreed. I don't know a thing about basketball, but I agree it's bizarre how quickly the OL process has moved. I think it's very close to being done. I saw reports on the 30th that it was all but signed.