• Loading stock data...
Monday, January 19, 2026

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

Nov 8, 2024; College Station, Texas, USA; A detailed view of an official game ball with the NCAA logo prior to the game between the Texas A&M Aggies and the East Texas A&M Lions at Reed Arena. The Aggies defeated the Lions 87-55.

‘Death, Taxes, and Chinese Basketball’: Wildest Texts in The NCAA Point-Shaving Indictment

The indictments reveal in extreme detail how the scheme was carried out.
exclusive

WNBA Exploring Buying Back 16% Stake Sold in 2022

The league sold the $75 million stake when it badly needed capital.
Dec 16, 2025; Las Vegas, Nevada, USA; NBA commissioner Adam Silver attends the Emirates NBA Cup Final between the New York Knicks and the San Antonio Spurs at T-Mobile Arena.

Silver Says NBA Europe Won’t Be ‘Viable Commercial Enterprise’ for a While

He also addressed EuroLeague’s legal warning, saying a clash is not “inevitable.”
Jan 14, 2026; Inglewood, California, USA; Los Angeles Clippers forward Kawhi Leonard (2) shoots over Washington Wizards forward Kyshawn George (18) in the first half at Intuit Dome.

Clippers Suddenly NBA’s Hottest Team As Cap Investigation Continues

The Clippers have the NBA’s best record since Christmas.

Featured Today

Sports Goes All In on Non-Alcoholic Drinks Boom

Athletes, teams, and leagues are pouring money into the NA beverage category.
Tulsa Portal House
January 16, 2026

Inside the Tulsa Portal House: ‘This Will Translate to Wins’

The Golden Hurricane set up an over-the-top battle station for football recruiting.
Black Rabbit
January 10, 2026

The Netflix Star Who Makes Sure NBA Players Have Clean Towels

How a Nets staffer landed a breakout role on “Black Rabbit.”
January 9, 2026

NHL Ditched Its Dress Code. Hockey’s Fashion Era Arrived Quickly

With no dress code, impeccably dressed players are seeing big-money deals.
City of Gary, Ind./ Bears

Battle for Bears Stadium Heats Up With Gary, Indiana, Proposal

Illinois and Indiana each amplify their efforts to land the NFL team.
January 15, 2026

Bears’ Indiana Search Shifts Tone in Illinois Over Stadium Funding

The governor softens his long-held opposition toward publicly funding the project.
Rays
January 16, 2026

Rays May Finally Have New Stadium Site in Tampa

A potential deal could end decades of uncertainty around the franchise. 
Sponsored

ESPN Edge Innovation Conference 2025: Inside the Technology Shaping the Future of..

At ESPN Edge Innovation Conference 2025, ESPN showcased how AI, immersive tech, and a rebuilt direct-to-consumer platform are redefining the future of sports media.
January 15, 2026

Commanders Look Back to RFK Roots in New $3.8B Stadium Design

The forthcoming venue’s design recalls RFK Stadium while looking forward.
Feb 20, 2022; Beijing, China; Team ROC forward Vadim Shipachyov (87) skates with the puck as Team Finland forward Iiro Pakarinen (81) and Team Finland forward Sakari Manninen (65) defend in the third period during the Beijing 2022 Olympic Winter Games at National Indoor Stadium.
January 9, 2026

Olympic Hockey Rink Test Event Showcases Ongoing Issues

An initial competition amplified worries about the venue’s ice quality.
January 8, 2026

NHL Commish: Utah Did ‘Everything Right’ on Way to Winter Classic

The showcase outdoor game will be held next year at Rice-Eccles Stadium.
Bobby Witt
January 6, 2026

Royals Won’t Follow Chiefs to Kansas After Missing Deadline

State officials say they will not change a now-lapsed negotiating deadline.