The Phoenix Suns and Mercury home arena will be renamed Mortgage Matchup Center following a naming-rights deal with Mortgage Matchup.
Suns and Mercury majority owner Mat Ishbia is the majority CEO and chairman of Mortgage Matchup.
The deal is worth $115 million over 10 years.
“I’m extremely excited about this partnership, as it represents two organizations that have natural alignment and a shared commitment to excellence,” Ishbia said in a statement. “Arizona is one of the strongest markets for mortgage brokers, and we see a fantastic opportunity through Mortgage Matchup to help consumers better understand the value of having an expert advising them through this process to ensure they get the fastest, easiest and cheapest path to homeownership or a refinance – and greater education will ensure more consumers can take advantage of those benefits.”
With the Mercury in the WNBA Finals against the Aces, the new arena name will make its debut for Wednesday’s Game 3.