The value of pro sports franchises are exploding across the United States. Look no further than the recent sales of the NBA’s Boston Celtics ($6.1 billion) and Los Angeles Lakers ($10 billion), or the ...

More than nine months have passed since the Pohlad family announced its intention to explore a sale of the Minnesota Twins, but the delay in finding a buyer, Major League Baseball commissioner Rob ...

The Twins sale process has moved slowly with Justin Ishbia dropping out, but Manfred insists that it is still on track to be ...

Mat Ishbia continues to turn the Phoenix Suns into Michigan State West. The Suns announced on Friday that they have officially hired former NBA guard Mateen Cleaves.

Phoenix Suns owner Mat Ishbia is getting roasted this week over social media because of the team's latest hire.

Former Michigan State basketball player and current Phoenix Suns owner Mat Ishbia and his former Spartan teammate, Mateen Cleaves, are back together in Phoenix.

Billionaire Justin Ishbia can potentially take over controlling ownership by 2029. Will that be enough to save the team since he is not a player?

Billionaire Justin Ishbia can potentially take over controlling ownership by 2029. Will that be enough to save the team since he is not a player?

Mark Walter is expected to pay $10 billion for the Lakers. He's far from the only billionaire making a big splash in sports.

Shore Capital Partners, a Chicago-based private equity firm founded by billionaire Justin Ishbia, has closed a $450 million fund that will focus on food and beverage investments.