In a move that electrifies fans and reconnects the franchise with one of its greatest icons, Phoenix Suns owner Mat Ishbia, alongside his brother Justin Ishbia, has officially announced that Steve Nash, the legendary point guard and two-time NBA MVP, will return to the Suns organization in 2025 — this time as a co-owner.
The announcement marks a historic and emotional reunion between the Suns and one of the most beloved players in franchise history. Nash, who spent the majority of his Hall of Fame career leading Phoenix to prominence in the 2000s, will now help guide the team from the top, offering leadership and vision in the next phase of its evolution.
A Legendary Return
“Steve Nash changed everything when he came to Phoenix — our tempo, our culture, and our expectations,” said Mat Ishbia. “Bringing him back as a co-owner is about honoring that legacy and building a future that reflects the excellence and innovation he brought to the court every night.”
Nash’s return follows his tenure as head coach of the Brooklyn Nets (2020–2022) and years of off-court involvement in basketball and philanthropy. His new role will be more strategic, focused on shaping the Suns’ direction as an organization rather than managing daily basketball operations.
“Phoenix has always felt like home,” Nash said in a press release. “I’m incredibly grateful to Mat, Justin, and the entire Suns organization for the opportunity to return in this capacity. I love this city, I love this team, and I believe in what we’re building here.”
What Nash’s Co-Ownership Means
Steve Nash’s new role as co-owner will involve:
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Organizational leadership: Advising on franchise culture, leadership, and vision
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Basketball insight: Providing strategic guidance on player development and team philosophy
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Community connection: Serving as a bridge between the organization and the city, especially through youth sports and education initiatives
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Brand growth: Helping shape the Suns’ identity both on and off the court
While Nash won’t be involved in daily front-office decision-making, his presence adds credibility, history, and depth to the Suns’ leadership team.
A Look Back at Nash’s Impact
Steve Nash played 10 seasons with the Suns across two stints (1996–1998 and 2004–2012). Known for his unmatched vision, passing creativity, and leadership, he was the centerpiece of the famous “Seven Seconds or Less” Suns — a revolutionary offense that changed modern basketball. Nash won back-to-back NBA MVPs in 2005 and 2006, and remains the franchise’s all-time leader in assists.
Inducted into the Basketball Hall of Fame in 2018, Nash is considered one of the greatest point guards of all time and remains a symbol of Phoenix’s basketball renaissance in the early 2000s.
A Fanbase Reignited
The announcement has sparked a wave of excitement across the Suns fanbase. Fans flooded social media with celebratory posts, videos, and throwback highlights. Nash jerseys were already trending online within hours of the announcement.
NBA legend and former Suns teammate Amar’e Stoudemire praised the move:
“Steve’s knowledge of the game and his connection to the Suns are unmatched. This is the kind of leadership that makes championship runs possible.”
Eyes on the Future
With a talented core that includes Devin Booker, Kevin Durant, and rising stars, the Suns are already positioned as championship contenders. Nash’s return strengthens the franchise’s leadership, blending championship aspirations with a legacy of excellence and innovation.
Steve Nash is back — not to run the fast break, but to help lead the organization into a new era of greatness. For the Suns, it’s not just a reunion — it’s a renewal.