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Who owns the Phoenix Mercury? Owner's net worth, source of wealth and ownership history

Who owns the Phoenix Mercury? Owner's net worth, source of wealth and ownership history

Find out who owns the Phoenix Mercury, the owner's net worth, the source of wealth and the ownership history of the franchise.


The Phoenix Mercury pro basketball team is based in Phoenix, Arizona, and competes in the WNBA's Western Conference. The franchise was founded in 1997 and is one of the WNBA’s original franchises. 

The Phoenix Mercury have won three WNBA championships and multiple conference titles.


Who owns the Phoenix Mercury?

The Phoenix Mercury is owned by Mat Ishbia.


Phoenix Mercury ownership structure 


Mat Ishbia

Mathew Randall Ishbia is an American businessman, CEO and chairman of United Wholesale Mortgage. He owns the Phoenix Suns (NBA) and Phoenix Mercury (WNBA) alongside his brother, Justin.

According to figures from Forbes, Mat Ishbia has a net worth of around $7.1B.


Club Net Worth & Valuation

Unfortunately we currently do not have detailed information about his Phoenix Mercury exact valuation.


Club Ownership History

The Phoenix Mercury was founded in 1997 as one of the WNBA’s original eight franchises. It was previously owned by Robert Sarver, who later sold it to Mat Ishbia in 2022. 


Trophies and Achievements 

The Phoenix Mercury is also a successful franchise, having won three WNBA championships.

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