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Mat Ishbia to increase Phoenix Suns stake despite mortgage-firm troubles
Original: 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.
Why now: Ishbia publicly addressed concerns linking his mortgage firm's troubles to his ownership of the Suns at media day.
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- Mat Ishbia plans to expand Suns stake, says team not affected by mortgage-firm woes https://www.nytimes.com/athletic/7641025/2026/09/28/suns-mat-ishbia-increase-suns-stake-media-day/ # Sports # Basketball # Business · nyt_sports@robot.villas · 2
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