Estimated reading time: 0 minutes, 21 seconds

UWM’s Mat Ishbia Buys Phoenix Suns, Mercury

United Wholesale Mortgage CEO Mat Ishbia and his brother Justin Ishbia have signed a deal to buy the Phoenix Suns and Mercury. So reports DBusiness.

Phoenix SunsThe Ishbias agreed to pay $4 billion to Robert Sarver, owner of the NBA and WNBA franchises, pending approval from the league.

Ishbia follows fellow Detroit mortgage executive Dan Gilbert into ownership of a major sports franchise. Gilbert owns the NBA's Cleveland Cavaliers.

Read the full article from DBusiness.

Read 457 times
Rate this item
(0 votes)


PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.