• Loading stock data...
Saturday, May 31, 2025

Phoenix Suns, Mercury Invest $100M In New Downtown Headquarters

  • Mat Ishbia is investing in a new shared business headquarters and a practice facility for the Mercury.
  • “It was a huge priority when I bought the team,” Ishbia told FOS. “We want to be the best franchise [to work at] in all of sports.
A rendering of the Phoenix Suns and Mercury's new shared business headquarters and Mercury practice facility.
Phoenix Suns and Mercury

The new Phoenix Suns and Mercury owners are investing in their teams’ futures on and off the court.

On Thursday, the Suns and Mercury announced it would be spending over $100 million to build a new business headquarters and practice facility for the Mercury located in downtown Phoenix’s Warehouse District.

“It was a huge priority when I bought the team,” Suns and Mercury owner Mat Ishbia told Front Office Sports of the decision to undertake the project. “We want to be the best franchise [to work at] in all of sports, and investing like this is not only saying it, but actually puts our money, our focus, and our efforts behind it.”

The organization has yet to say when it plans to open the new complex.

At 123,000 square feet, the organization says that the new campus will be one of the largest developments in professional sports. The business headquarters will occupy 65,000 square feet of that space, while the Mercury’s new facility will take up 58,000 square feet.

The practice building will cater to the team’s needs, featuring 24/7 access to two dedicated basketball courts with 10 baskets, fitness and functional movement rooms with hot and cold pools, underwater treadmills, a player and family lounge, a film room, and a large locker room. The facility will also have a kitchen outfitted with a private chef.

The Mercury currently share practice facilities with the Suns, but this new development would make it the third WNBA team to open a dedicated facility for itself.

The Las Vegas Aces opened their state-of-the-art facility in May, and the Seattle Storm are building one worth $64 million. Meanwhile, Chicago Sky star Kahleah Copper told FOS in July that she is still waiting for her team to take action in that area.

For Ishbia and the rest of Phoenix’s leadership, building the new business headquarters is about distancing the organization from former owner Robert Sarver and former president and CEO Jason Rowley, who reportedly created a toxic working environment — ultimately opening the door for Ishbia to buy the teams for $4 billion in December.

“From day one, we’ve talked about reshaping and resetting our culture,” Suns and Mercury CEO Josh Bartelstein told Front Office Sports. “You can talk about it all you want, but it’s in how we treat people, it’s in caring more, it’s in putting people first. And when you do things like this, it just amplifies everything.”

The organization’s new business headquarters will feature indoor and outdoor basketball courts, an indoor arcade, a pickleball court, a putting green, a workout facility, and a kitchen with beverages and snacks. It will move its operations out of Footprint Center, where it currently resides.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

exclusive

Newly American-Owned Italian Hoops Team Hires Ex-Pelicans Exec as GM

Napoli Basketball is hiring the Pelicans’ former chief of staff as GM.

MSG Tickets for Potential Pacers-Knicks Game 7 Start at $1,100

The current get-in price for a potential Game 7 is $1,099.
Zion Williamson

Zion Williamson Accused of Rape and Abuse in Lawsuit

The woman says their relationship began when he was at Duke in 2018.
Mar 27, 2024; Los Angeles, CA, USA; A general overall view of the Crypto.com Arena with the March Madness Elite 8 and Sweet 16 logo at center court.

Media Exec on March Madness Expansion Potential: ‘Chump Change’

CBS and TNT pay about $1 billion a year for the media rights.

Featured Today

PSG and the City of Paris Can Join European Soccer’s Elite

What a maiden Champions League title would mean for the French club.
May 30, 2025

How the Champions League Anthem Took on a Life of Its Own

The composer didn’t know he wrote a timeless hit three decades ago.
May 25, 2025

How Rolex Paved the Way for Luxury’s Love Affair With Tennis

“It’s almost impossible to think about tennis without thinking about Rolex.”
Mar 23, 2025; Miami, FL, USA; Alexandra Eala (PHI) reacts after winning a point against Madison Keys (USA)(not pictured) on day six of the Miami Open at Hard Rock Stadium.
May 24, 2025

Alex Eala Is Defying Her Country’s Odds to Make French Open History

The Philippines native has overcome a unique set of financial odds.
Feb 14, 2024; Kansas City, MO, USA; A general view of the Kansas City Royals 1985 and 2015 World Series championships on the scoreboard at Kauffman Stadium at the Truman Sports Complex.
May 28, 2025

Chiefs, Royals Stadium Public Funding Standoff Nears Endgame

Missouri legislators will review stadium bonds for the Chiefs and Royals.
May 30, 2025

Chiefs, Royals Stadium Plans Hit Political Wall As Both Parties Say No

Both Republicans and Democrats in Missouri oppose public funding for stadiums.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
U.S. Women's Golf
May 27, 2025

U.S Women’s Open Will Play on Courses Once Reserved for Men

Erin Hills Golf Course in Wisconsin is hosting this week’s tournament.
Gillette
May 21, 2025

Boston NWSL Team to Play at Gillette After Legal Fight Delayed Own..

The team beat a lawsuit from locals against their stadium in April.
Sep 25, 2022; Chicago, Illinois, USA; A general view of Soldier Field before a game between the Chicago Bears and the Houston Texans. Chicago defeated Houston 23-20.
May 19, 2025

Bears Pivot to Suburbs As $4.7B Downtown Stadium Plans Dim

The NFL team has reversed course on its lavish plans.
May 18, 2025

Final Preakness Stakes at ‘Pimlico As We Know It’ Delivers High Drama

The Baltimore horse racing track is set for a $400 million renovation.