Ishbia might recoup some of these losses because NBA coaches’ contracts aren't generally fully guaranteed like players’ contracts, one expert says.

The Phoenix Suns, which failed to make the postseason with the NBA’s most expensive roster, fired coach Mike Budenholzer on Monday, league sources told The Athletic. The decision, which comes less than one year after the team hired Budenholzer on a five-year deal worth more than $50 million and less than four years since he won a title with the Milwaukee Bucks,

The Phoenix Suns have fired Mike Budenholzer, the team announced Monday. This marks the third consecutive season in which the Suns have fired a head coach. In 2023, mere months after Matt Ishbia took over the team,