NBA Board of Governors approves sale of Phoenix Suns, Phoenix Mercury to ownership group led by Mat Ishbia

The Suns will feature a new primary ownership group for the first time since 2004.

NEW YORK  The NBA Board of Governors has approved the sale of the Phoenix Suns and Mercury to an ownership group led by Mat Ishbia, Chairman, President and CEO of United Wholesale Mortgage.  The transaction is expected to close this week.