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A NEW ERA BEGINS! Ishbia approved as new owner of the Phoenix Suns

A new era of Phoenix Suns basketball is nearly upon us!

**Update: Mat Isbhia’s purchase of the Phoenix Suns for a $4 billion valuation — more than $2 billion in cash — has been approved unanimously (with one abstention) by all the other NBA owners.

The following has been released by the NBA. pic.twitter.com/rdp1b5J2fv

— NBA Communications (@NBAPR) February 7, 2023

Reportedly, one owner abstained from voting — Dan Gilbert of the Cleveland Cavaliers — while all the others approved.