Mat Ishbia purchasing the Phoenix Suns
hopefully less resources for MSU
December 20th, 2022 at 10:59 PM ^
Priced to sell!
December 20th, 2022 at 2:00 PM ^
Obviously its moot in today’s age of NIL, but were there previous rules or “gentlemen’s agreement” between alumni in sports positions of power and schools? I don’t recall if Rob Pelinka and/or Magic Johnson could/would/should be hanging around Crisler or East Landfill, respectively.
December 20th, 2022 at 2:05 PM ^
I hope this means he stops sponsoring the Pistons uniforms and some evil corporation with a much cooler logo can replace the boring ass UWM logo.
December 20th, 2022 at 2:18 PM ^
Dude, this logo is SICK BOMB FIRE af and all the other adjectives the kids use these days.
December 20th, 2022 at 2:22 PM ^
It's ok...
December 20th, 2022 at 2:42 PM ^
It's the epitome of mid
December 20th, 2022 at 2:31 PM ^
Sizzling font choice
December 20th, 2022 at 8:25 PM ^
And here I thought that was the University of Wisconsin-Milwaukee.
December 20th, 2022 at 2:12 PM ^
Could he not get into Michigan?
December 20th, 2022 at 2:21 PM ^
Tuck wondering if his checks are still Comin
December 20th, 2022 at 2:23 PM ^
Crazy valuation, but if you have it you might as well spend it. Don't think they are in a good spot to build a successful team around Booker though unless Paul can be healthy and play at a high level for a few more years.
December 21st, 2022 at 10:25 AM ^
They've pretty much hit their ceiling. Even if Chris Paul keeps it up, he's never not going to get taller and that'll kneecap them in any seven game series.
(Also, the team and their fanbase are just a bunch of little brother bitches who act tough but don't have what it takes, so they're perfectly on-brand for being owned by a Sparty.)
December 20th, 2022 at 2:24 PM ^
Damn Bill Simmons had this months ago..
December 20th, 2022 at 2:43 PM ^
I hope he moves them to Seattle.
December 20th, 2022 at 2:57 PM ^
Tuck's blank check goin'
December 20th, 2022 at 3:13 PM ^
The Suns are a better investment than Tuck!!
December 20th, 2022 at 3:19 PM ^
Wow, so Staee may have the most alumni in the world who own major sports franchises, with Ishbia, Gilbert (Cavs), Gores ('stons), and Magic Johnson (Dodgers).
Not sure if Magic is an alum, but you know what I mean.
December 20th, 2022 at 3:22 PM ^
Did Magic graduate?
December 20th, 2022 at 4:44 PM ^
They gave him an honorary degree and let him speak at my sister-in-law's graduation. His speech was an acrostic and hilariously embarrassing for all the graduates because each letter in S P A R T A N spelled out good advice for working at McDonald's. The graduates and their parents were frozen in horror, but about 5% of Breslin were Michigan siblings rolling in aisles with laughter.
December 21st, 2022 at 10:38 AM ^
As a lifelong Laker fan I've been witness to the good side of Magic (his career as a player) and the bad side (his career as a team exec), and he's a fascinating contradiction.
In some interpersonal situations he's amazingly charismatic - you could be at a party dancing with your wife and he could cut in and take over for you and you'd somehow walk away feeling ten feet tall.* One Laker podcaster was talking about how he and some buddies were playing pickup ball at a gym and Magic told them they had to get out and everyone was all giddy at just being in his presence.
And then there are other situations where he's in front of a microphone and you legit wonder how the dude ties his own shoes.
(* - per Jeff Perlman's Showtime book, Magic infamously had parties back in the day where the rule was that anyone who hadn't paired up with a groupie had to leave by midnight but I'm guessing he ushered the blueballers out with consummate aplomb)
December 21st, 2022 at 1:56 PM ^
You only need to start somewhere to be an alum. You don't need to finish! :)
December 20th, 2022 at 3:21 PM ^
I’m a Rocket guy myself.
December 20th, 2022 at 3:24 PM ^
Whatever
December 20th, 2022 at 4:47 PM ^
Considering how much talk was around the buckets of money he was spending on Tucker's contract vs. the actual number he provided, this feels a bit similar where he's putting in a decent chunk but is relying on a lot of other less public sources of income. Which is totally reasonable and not unexpected, especially since Forbes listed his net worth at $5.1B and this deal is for $4B, and that's usually not the type of ratio you want in a deal like this.
Anyway, good gig if you can get it.
December 20th, 2022 at 4:54 PM ^
"The Phoenix Suns?"
I think owning the Phoenix Suns is pretty good.
"Eh. You just don't understand basketball, Marge."
December 20th, 2022 at 5:03 PM ^
Born on 3rd base.
December 20th, 2022 at 5:07 PM ^
Barkley will be happy now. The chips wont be stale, the nacho cheese wont be cold, and the seats wont be dirty.
December 20th, 2022 at 5:08 PM ^
Matt just screams “came from money.” He wants all the glitz and glamour of being a CEO but I’m not sure how well he is at actually running a company. With the impending real estate downturn, and his near penny-stock company currently, I’m not sure this is the route his father would have gone
December 20th, 2022 at 5:20 PM ^
Dude, I grew up with Mat. You've got it backwards. See above.
December 20th, 2022 at 5:22 PM ^
Tuck Sunnin’?
December 20th, 2022 at 5:47 PM ^
The Suns cost a hell of a lot more than a swimming and diving team
December 20th, 2022 at 6:19 PM ^
I am pretty stunned that Ishbia got the Suns. Given the Suns proximity to LA and Silicon Valley, I thought there would be other groups or billionaires that would outbid him, but $4 billion may have cooled some other potential suitors or caused them to hold out to bid on Las Vegas or Seattle at that price.
Not sure how Ishbia is going to make this work given the sale price. The other two MSU alums who own NBA teams (Dan Gilbert and Tom Gores) are generally regarded as two of the worst owners in the NBA with the likes of James Dolan and Vivek Ranadive. Can Ishbia avoid that fate or does he even care as long as the checks keep coming in?
December 20th, 2022 at 9:02 PM ^
Trying a little too hard to keep up with Dan Gilbert.
December 22nd, 2022 at 12:23 PM ^
he overpaid
Brooklyn Nets sold in '19 for $3.3B
Jazz sold in '20 for $1.6B
Timberwolves sold in '21 for $1.5B