The Phoenix Suns are 13th in the NBA in valuation rankings at $5.09 billion, according to data accumulated by Sportico.
Mat Ishbia bought the Suns and WNBA’s Phoenix Mercury for a then-record $4 billion in February 2023. The Sportico chart has the Suns generating an 18% increase from a year ago.
Mat Ishbia has a a net worth of $9.1 billion and is the CEO and chairman of United Wholesale Mortgage.
The 12 teams ahead of the Suns are as follows, starting with the Golden State Warriors, valued at an NBA-best $11.33 billion. The Suns were ranked 13th last year, as well.
1. Golden State Warriors ($11.33 billion)
2. Los Angeles Lakers ($10 billion)
3. New York Knicks ($9.85 billion)
4. Los Angeles Clippers ($6.72 billion)
5. Boston Celtics ($6.35 billion)
6. Brooklyn Nets ($6.22 billion)
7. Chicago Bulls ($6.12 billion)
8. Miami Heat ($6.03 billion)
9. Philadelphia 76ers ($5.61 billion)
10. Houston Rockets ($5.53 billion)
11. Dallas Mavericks ($5.24 billion)
12. Toronto Raptors ($5.22 billion)
13. Phoenix Suns ($5.09 billion)
14. Atlanta Hawks ($5.02 billion)
15. Sacramento Kings ($5 billion)
16. Cleveland Cavaliers ($4.86 billion)
17. Denver Nuggets ($4.8 billion)
18. Washington Wizards ($4.78 billion)
19. Indiana Pacers ($4.76 billion)
20. Milwaukee Bucks ($4.54 billion)
21. San Antonio Spurs ($4.5 billion)
22. Oklahoma City Thunder ($4.34 billion)
23. Utah Jazz ($4.27 billion)
24. Portland Trail Blazers ($4.25 billion)
25. Minnesota Timberwolves ($4.24 billion)
26. Orlando Magic ($4.21 billion)
27. Detroit Pistons ($4.17 billion)
28. Charlotte Hornets ($4.13 billion)
29. New Orleans Pelicans ($4.02 billion)
30. Memphis Grizzlies ($4 billion)
