The Phoenix Suns officially have a new owner

Following NBA Board of Governors approval, Mat Ishbia has completed the acquisition of the controlling ownership interest in the Phoenix Suns (NBA) and Phoenix Mercury (WNBA) franchises, the operating entity for Footprint Center and affiliated entities. With the transaction, Mat becomes Governor of the Suns and Mercury while Justin Ishbia, CEO and Founder of Shore Capital Partners, becomes the second largest shareholder and Alternate Governor.

“This is the culmination of a lifelong dream. I love the game of basketball deeply but it’s so much more than that for me.” Mat continued, “Throughout my life, basketball has given me a second family, an education, and so much joy. I am honored to be the next steward of this community’s franchises in the Phoenix Suns and Phoenix Mercury and am totally committed to building an incredible organization on and off the floor.”

Justin echoed Mat’s excitement stating, “We are thrilled about the opportunity to make a positive impact on the Phoenix sports ecosystem and community through a people-first, family approach. My brother and I look forward to bringing our passion for basketball and competitive spirit to The Valley.”

Nets trade Kessler Edwards to Kings for David Michineau

The Brooklyn Nets have acquired the draft rights to David Michineau in a trade with the Sacramento Kings for forward Kessler Edwards and cash considerations.

Michineau was originally drafted by the New Orleans Pelicans in the second round (39th overall pick) of the 2016 NBA Draft. His rights were later acquired by the Los Angeles Clippers and then Sacramento via trade. The 28-year-old guard currently plays for Napoli Basket in Italy’s Lega Basket Serie A and previously played professionally in France.

Edwards was originally selected with the 44th overall pick in the second round of the 2021 NBA Draft by Brooklyn and signed a two-way contract with the team on Aug. 16, 2021. He then signed a standard NBA contract with the Nets on April 10, 2022, and re-signed with the team on July 6, 2022. In 14 games with Brooklyn this season, Edwards averaged 1.1 points and 1.0 rebounds in 5.7 minutes per contest.

Sale of Phoenix Suns team will soon be official

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.

Per ESPN.com, “Ishbia is buying a 57% controlling stake for $2.28 billion, sources said, with Robert Sarver selling his 37% stake for $1.48 billion. Even after taxes, Sarver is expected to clear nearly double the amount that he and a group paid for the team in 2004 — then a record-$401 million from former Suns owner Jerry Colangelo.”

Nets trade Kyrie Irving, Markieff Morris to Mavericks for Spencer Dinwiddie, Dorian Finney-Smith and draft picks

The Dallas Mavericks have acquired eight-time All-Star Kyrie Irving along with forward/center Markieff Morris in a trade with the Brooklyn Nets for guard Spencer Dinwiddie, forward Dorian Finney-Smith, a 2029 first-round pick and two future second-round picks.

“We’re excited to add Spencer and Dorian to our roster, while also securing draft compensation that will increase our flexibility moving forward,” said Nets General Manager Sean Marks. “Spencer is a dynamic, multi-talented guard who we are very familiar with from his previous stint in Brooklyn. Dorian is an experienced wing who brings perimeter shooting and defensive versatility to our group. Together, the two players will fit seamlessly with our roster and provide the team with proven veteran talent.”

Irving (6-2, 191) holds career averages of 23.3 points, 3.9 rebounds, 5.7 assists and 34.2 minutes in 651 games (all starts) with Cleveland, Boston and Brooklyn. He has shot 47.1% (5,582-11,853 FG) from the floor, 39.1% (1,501-3,835 3FG) from 3-point range and 88.2% (2,508-of-2,842) from the foul line for his career. Irving has appeared in 40 games (all starts) for the Nets this season and is averaging 27.1 points, 5.1 rebounds and 5.3 assists in 36.9 minutes.

Irving is one of seven players averaging 27.0 points, 5.0 rebounds and 5.0 assists per game in 2022-23. Among 40 players using two-or-more iso possessions/game, Irving’s 1.28 points/possession lead the NBA and are the highest for any player (min. 2.0 iso possessions/game) since the statistic was first tracked in 2015-16.

Upon the conclusion of the 2020-21 regular season, Irving became the ninth player in NBA history to join the 50-40-90 club after shooting 50.6% from the field, 40.2% from 3-point range and 92.2% from the free throw line. Irving became only the fourth player to average over 25.0 points while making the 50-40-90 club, joining Stephen Curry, Kevin Durant, and Larry Bird.

The 30-year-old is an eight-time All-Star, a three-time All-NBA selection and helped Cleveland to their lone NBA Championship in 2016. Selected as a starter for the 2023 NBA All-Star Game in Salt Lake City, Irving has been an All-Star starter in each of the last five All-Star games in which he has played (2017-19, 2021 and 2023) and was named the All-Star Game MVP in 2014.

Irving was selected by Cleveland with the first overall pick in the 2011 NBA Draft after a season at Duke University, where he averaged 17.5 points, 3.4 rebounds and 4.3 assists per game in 11 games. As a high school senior at St. Patrick High School (NJ) in 2010, Irving was named a McDonald’s All-American, was selected to the First Team All-America by Parade Magazine and USA Today, and was named a finalist for the Naismith High School Player of the Year.

Born in Melbourne, Australia, while his father was playing professional basketball for the Bulleen Boomers, Irving moved to the United States when he was two years old. He elected to represent the United States national team and helped the Americans win a gold medal at the 2016 Summer Olympics in Rio. With the win, Irving became just the fourth member of Team USA to capture the NBA championship and an Olympic gold medal in the same year, joining LeBron James, Michael Jordan, and Scottie Pippen.

Irving’s community work includes his KAI Family Enterprise, which seeks to uplift underrepresented entrepreneurs and businesses that do not have access to proper guidance in the business world. Amongst his philanthropic endeavors, Irving has donated $1.5 million to help cover the salaries of WNBA players who opted out of the 2020 season during the COVID-19 pandemic, paid off the tuition for nine students at HBCU Lincoln University, gave $323,000 to Feeding America during the COVID-19 pandemic, and partnered with City Harvest to donate 250,000 meals across the New York area.

Irving will wear No. 2 for the Mavericks.

Morris (6-9, 250) holds career averages of 10.7 points, 5.1 rebounds, 1.6 assists and 24.3 minutes over 742 games (377 starts) with Phoenix, Washington, Oklahoma City, Detroit, the L.A. Lakers, Miami and Brooklyn. He has shot 44.6% (3,051-6,844 FG) from the field, 34.2% (627-1,831 3FG) from beyond the arc and 77.8% (1,189-1,528 FT) from the free throw line in his career. Morris appeared in 27 games for the Nets in 2022-23 and averaged 3.6 points and 2.2 rebounds in 10.6 minutes.

Selected 13th overall in the 2011 NBA Draft by the Suns, the University of Kansas product won an NBA Championship in 2020 with the Lakers. He averaged 5.9 points, 3.0 rebounds and 18.4 minutes per game in 21 games (2 starts) during the Lakers’ postseason run.

In the community, Markieff and his twin brother, Marcus, started the Family Over Everything Foundation to provide support and guidance that helps alleviate the burdens, financial and otherwise, faced by many single parents, families in underserved communities, and at-risk members of society.

Morris will wear No. 13 for the Mavericks.

Dinwiddie (6-5, 215) was acquired by Dallas along with Dāvis Bertāns from the Washington Wizards on Feb. 10, 2022, in exchange for Kristaps Porzingis and a protected second-round pick. Over his two partial seasons with the Mavericks, Dinwiddie averaged 17.1 points, 3.1 rebounds, 4.9 assists and 32.3 minutes per game over 76 games (60 starts).

Finney-Smith (6-7, 220) went undrafted in 2016 but signed with Dallas as a free agent on July 8, 2016. He was re-signed in July 2019, and then signed a contract extension with the Mavericks on Feb. 12, 2022. During his seven seasons with Dallas, Finney-Smith averaged 8.3 points, 4.6 rebounds, 1.4 assists and 27.8 minutes over 434 games (322 starts).

Mo Bamba, Austin Rivers and Jalen Suggs suspended for roles in Magic-Timberwolves altercation

Orlando Magic center Mo Bamba has been suspended four games without pay and Minnesota Timberwolves guard Austin Rivers has been suspended three games without pay for their roles in an on-court altercation, it was announced today by Joe Dumars, Executive Vice President, Head of Basketball Operations.

In addition, Magic guard Jalen Suggs has been suspended one game without pay for escalating the altercation by aggressively grabbing Rivers around the neck and pulling him to the floor.

Timberwolves forward Jaden McDaniels has been fined $20,000 for his role in the altercation which included running into the scrum and pushing Bamba in the back.

The incident, for which all four players received technical fouls and were ejected, occurred with 1:32 remaining in the third quarter of the Magic’s 127-120 win over the Timberwolves on Feb. 3 at Target Center.

Bamba and Rivers engaged in an altercation in front of the Magic bench, with both players throwing punches. Suggs and McDaniels then entered the altercation as non-peacemakers, which resulted in a continued escalation of the situation.

Following the incident, Bamba attempted to continue to engage with Rivers in a hostile manner in the corridor outside the locker rooms where he also aggressively shoved a security representative. Both Bamba and Rivers continued the escalation on social media following the game.

Bamba will begin serving his four-game suspension and Suggs will serve his one-game suspension on Sunday, Feb. 5 when the Magic visit the Charlotte Hornets at Spectrum Center. Rivers will begin serving his three-game suspension on Sunday, Feb. 5 when the Timberwolves host the Denver Nuggets at Target Center.

Dillon Brooks suspended, Donovan Mitchell fined

Memphis Grizzlies guard-forward Dillon Brooks has been suspended one game without pay and Cleveland Cavaliers guard Donovan Mitchell has been fined $20,000 for their roles in an on-court altercation, it was announced today by Joe Dumars, Executive Vice President, Head of Basketball Operations.

After missing a layup and falling to the floor, Brooks initiated the altercation by striking Mitchell in the groin area in an unsportsmanlike manner. Mitchell then escalated the situation by throwing the game ball at and pushing Brooks, after which both players continued to physically engage with one another.

Brooks was assessed a Flagrant Foul 2 and ejected, and Mitchell was given a technical foul and ejected.

The incident occurred with 5:48 remaining in the third quarter of the Cavaliers’ 128-113 victory over the Grizzlies on Feb. 2 at Rocket Mortgage FieldHouse.

Brooks will serve his suspension Sunday, Feb. 5 when the Grizzlies play host to the Toronto Raptors.

NBA national TV schedule change for Tue, Feb. 7, 2023

An NBA on TNT update for Tuesday, February 7, 2023:

The Phoenix at Brooklyn game will now be televised by TNT.

The Oklahoma City at L.A. Lakers game will now be televised by TNT, with game time changed to 10:00 PM ET / 7:00 PM local.

The Atlanta at New Orleans game will no longer be televised by TNT.

The Minnesota at Denver game will no longer be televised by TNT, with game time changed to 9:00 PM ET / 7:00 PM local.