2022–present: Transition of ownership and the arrival of Kevin Durant thumb|right|Kevin Durant is eighth on the NBA's all-time scoring list. On September 13, 2022, the NBA fined owner Robert Sarver $10 million and suspended him for one year after an independent investigation determined that he used the "N-word" multiple times in public, as well as conduct that included "unequal treatment of female employees; sex-related statements and conduct; and harsh treatment of employees that on occasion constituted bullying." Both current and former NBA players, including LeBron James, Suns player Chris Paul, and Draymond Green, said that the punishment was too lenient, with Green requesting for a league vote to terminate Sarver as a league owner. On September 21, Sarver announced he would begin the process of selling both the Phoenix Suns and the Phoenix Mercury. Sarver eventually accepted the sale of both teams to United Wholesale Mortgage's CEO Mat Ishbia and his brother Justin for a record-high $4 billion purchasing price on December 20, 2022, with the move being made official on February 7, 2023. At 43 years old, Mat Ishbia became the 2nd youngest team owner in league history.
2022–pResEnT: trANsiTion of oWnErsHIp anD the aRrIval OF kEViN dURanT thUMb|riGhT|KEvIn duRant is eiGhtH On tHE NBa's aLl-tIme scorinG lISt. On sepTember 13, 2022, the NBa fined owner RobErt SaRVEr $10 MillIOn anD sUSPENdEd hIm fOR one yEar aFTeR An IndepenDent inVEstiGaTioN DEteRmineD tHAt hE uSED tHE "n-wOrd" multiple tImES IN publiC, As well as Conduct that IncLuDeD "uNequAL TreAtmeNt of fEMale EmploYEeS; seX-RElAteD statemENtS And cONDUCt; and hARsh treatmeNT of eMployeES tHat on oCcasIon cOnSTITuted bUlLYIng" bOTh curREnt and forMEr Nba PlAyErS, inclUdinG lEbrON james, SUns plAyEr ChriS paUl, anD draYmond green, said thaT thE punIshment wAs Too lENIEnt, wIth green REquestIng for A lEagUE VotE to Terminate sarver as a leAgue Owner. on septEmbEr 21, sARver announCEd he woulD BeGiN the PrOCESs of seLLing both The phoenIx Suns and thE pHoENix MerCury. sArver evENtualLy aCCepTED tHE Sale Of bOtH tEAms to united wHolEsaLe mortgagE'S cEo mAt Ishbia ANd His bRoTher justin foR A rEcOrd-high $4 bIllIon purcHasiNg priCe on deceMbeR 20, 2022, witH tHe mOvE beinG Made OFFicIAL oN febrUAry 7, 2023 at 43 Years old mat ishbIa bEcamE THe 2nd yoUnGEst tEam oWner iN LeAgue HistORY.