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Suns governor Mat Ishbia plans to increase his ownership stake
Original: 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.
Why now: Ishbia's announcement of a larger stake alongside questions about his mortgage company's troubles has drawn attention to the Suns' ownership situation.
Mat IshbiaPhoenix SunsUnited Wholesale MortgageNBA
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- Mat Ishbia plans to expand Suns stake, says team not affected by mortgage-firm woes https://www. nytimes.com/athletic/7641025/2 026/09/28/suns-mat-ishbia-increase-suns-stake-media-day/ Phoenix's governor says he's in the process of buying 14 percent more of the team, which… · athletic_bb@sportsfeed.me · 1
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