Mat Ishbia seeks full control of WNBA's Phoenix Mercury amid controversy

Yahoo Sports1 min read • Latest: Aug 15, 2026, 5:05 PM

Last updated Aug 15, 2026

Mat Ishbia seeks full control of WNBA's Phoenix Mercury amid controversy
Summary

Mat Ishbia, owner of both the Phoenix Suns and Mercury, is finalizing a deal to buy out the remaining minority shareholders, increasing the Ishbia family's control to nearly 99%. This development comes at a time when the WNBA is embroiled in discussions over transgender athlete eligibility, which were raised during a recent task force meeting. The Mercury, currently struggling in the standings, sit at 10th place with a record of 13-22 and have added player Kelsey Plum ahead of the playoffs. Diana Taurasi, a Mercury legend, has expressed interest in joining the team's ownership group in the next one or two years. The buyout follows previous tensions between Ishbia and minority shareholders regarding a capital call.

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By the Numbers
  • Ishbia aims to buy out minority shareholders of the Mercury.
  • WNBA addressing transgender athlete eligibility amid recent controversy.
  • Mercury currently in 10th place, seven games out of playoffs.
  • Kelsey Plum added to the roster in August.
  • Diana Taurasi may join ownership in the coming years.
Latest Updates
  • 5:05 PMYahoo SportsNBA owner makes major move with WNBA stake amid growing transgender controversy
What they're saying
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Phoenix Suns and Phoenix Mercury owner Mat Ishbia is reportedly set to buy out the remaining minority shareholders, taking the Ishbia family’s ownership of both franchises to almost 99%. United Wholesale Mortgage confirmed the move in a statement obtained by Bloomberg, bringing another major change to a Mercury franchise already dealing with plenty of off-court attention.

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