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Mmastodon SportSports first seen 10 h ago, last 1 h ago, peak #1

Suns owner Mat Ishbia plans to expand his stake in team

Original: Mat Ishbia plans to expand Suns stake, says team not affected by mortgage-firm woes https://www.nytimes.com/athletic/764

Phoenix Suns governor Mat Ishbia says he intends to increase his ownership stake in the NBA franchise and insists the team is not affected by troubles at his mortgage business, United Wholesale Mortgage. He made the comments at the Suns' media day, moving to reassure fans about the franchise's financial stability heading into the new season.

Why now: Questions about whether Ishbia's mortgage-firm difficulties could affect the Suns prompted him to publicly reaffirm his commitment to the team.

Mat IshbiaPhoenix SunsUnited Wholesale MortgageNBA

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