Phoenix Suns owner Mat Ishbia could be in a world of trouble after two minority owners filed a lawsuit against him over alleged conflicts of interest and withheld information, among others, ESPN's Baxter Holmes reported on Wednesday.
Holmes noted that the complainants—Andy Kohlberg and Scott Seldin—are “holdovers from the previous regime under former owner Robert Sarver .” ESPN obtained a redacted copy of the lawsuit , which was filed on August 21.
“The attorneys who filed it represent Kisco WC Sports II and Kent Circle Investments. Andy Kohlberg is the founder, president, and CEO of Kisco Senior Living, and Scott Seldin is the president of Kent Circle Partners. Both men were minority owners under Sarver, who sold the Suns and (Phoenix) Mercury in 2023 in the wake of an NBA invest