Robert Sarver is Selling NBA and WNBA clubs to Mat Ishbia

Mat Ishbia is a chairman, president, and chief executive of United Wholesale Mortgage with a net worth of $5.1bn.

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Robert Sarver owner of Phoenix Suns and Phoenix Mercury selling Clubs for $4bn

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The big announcement was done on Tuesday (20-12-22)

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The sale will take several weeks to complete till the March Board meeting

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League’s board of governors will have to approve the sale if the vetting process gets done by the NBA.

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In 2019, Tsai bought the Brooklyn Nets and Barclays Center for $3.3bn.

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A $4 billion sale is now the largest price in league history

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league's punishment, announced on Sept. 13, Sarver was fined $10 million and suspended for a year,

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