Suns owner Mat Ishbia wants to build NBA’s best organization
Phoenix Suns owner Mat Ishbia talked about creating a team culture that fans can recognize as the “Suns Way.”
Diannie Chavez and Diana Payan/The Republic
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.
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.
NBA franchise valuations:
1.Warriors — $11.33 billion
2.Lakers — $10 billion
3.Knicks — $9.85 billion
4.Clippers — $6.72 billion
5.Celtics — $6.35 billion
6.Nets — $6.22 billion
7.Bulls — $6.12 billion
8.Heat — $6.03 billion
9.76ers — $5.61 billion
10.Rockets — $5.53 billion… pic.twitter.com/uBIDftw4C6
— NBACentral (@TheDunkCentral) October 16, 2025
Have opinions about the current state of the Suns? Reach Suns Insider Duane Rankin at dmrankin@gannett.com or contact him at 480-810-5518. Follow him on X, formerly Twitter, at @DuaneRankin.
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