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- 1Mat Ishbia to increase Phoenix Suns stake despite mortgage-firm troubles▼Mat Ishbia plans to expand Suns stake, says team not affected by mortgage-firm woes https://www.nytimes.com/athletic/764
Phoenix Suns owner Mat Ishbia said he plans to increase his stake in the NBA franchise and insisted the team is unaffected by financial difficulties at his mortgage lender, UWM. He made the comments at the Suns' media day, addressing speculation about whether problems at his mortgage business could spill over into his ownership of the basketball team.
- 2Suns governor Mat Ishbia plans to increase his ownership stake●Mat Ishbia plans to expand Suns stake, says team not affected by mortgage-firm woes https://www. nytimes.com/athletic/76
Phoenix Suns governor Mat Ishbia says he is in the process of buying an additional 14 percent of the team, expanding his controlling stake. Speaking at media day, he also insisted the NBA franchise is not being affected by financial troubles at UWM, the mortgage firm where he serves as chief executive. The move would further consolidate his hold on the Suns, and fans and league watchers are weighing what the purchase means for the team's future and his finances.