Mat Ishbia has made a splash in the NBA world on Tuesday when it was announced that he is in agreement to purchase the Phoenix Suns. Ishbia, the leader of United Wholesale Mortgage, has been prospecting purchasing a professional sports franchise for a while, and is now going to be given an opportunity.
ESPN’s Adrian Wojnarowski was the first to report the news, announcing the deal should be completed in the near future.
BREAKING: Billionaire mortgage lender Mat Ishbia is finalizing a purchase of the Phoenix Suns, sources tell ESPN. The deal, expected to be completed in the near future, would end the tumultuous tenure of owner Robert Sarver.
— Adrian Wojnarowski (@wojespn) December 20, 2022
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