Report: How Much The Phoenix Suns Are Being Sold For

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PHOENIX, AZ - JULY 17: Chris Paul #3 of the Phoenix Suns looks on during Game Five of the 2021 NBA Finals on July 17, 2021 at Footprint Center in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2021 NBAE (Photo by Jesse D. Garrabrant/NBAE via Getty Images)

PHOENIX, AZ – JULY 17: Chris Paul #3 of the Phoenix Suns looks on during Game Five of the 2021 NBA Finals on July 17, 2021 at Footprint Center in Phoenix, Arizona. (Photo by Jesse D. Garrabrant/NBAE via Getty Images)

The Phoenix Suns are reportedly expected to be under new ownership in the very near future and its looking like the franchise will sell for a record price.

According to ESPN NBA insider Adrian Wojnarowski, “Billionaire mortgage lender Mat Ishbia is finalizing a purchase of the Phoenix Suns.” Adding that the purchase price is “in the neighborhood” of $4 billion.

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