Ishbia could sell stake in Suns amid financial considerations

Yahoo Sports1 min read • Latest: Aug 22, 2026, 12:03 AM

Last updated Aug 22, 2026

Ishbia could sell stake in Suns amid financial considerations
Summary

Mat Ishbia, owner of the Phoenix Suns, has significant financial backing through his company, UWM, which reportedly generates between $100 million and $200 million quarterly. If necessary, Ishbia has the option to sell a 20% stake in the Suns to a private equity firm for around $1 billion, given the franchise's valuation. This financial strategy illustrates Ishbia's potential liquidity options while owning a major sports team. No immediate actions are reported regarding a sale.

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Key Details
  • Mat Ishbia owns nearly 90% of UWM.
  • UWM generates $100 million to $200 million quarterly.
  • Ishbia may sell 20% of the Suns for approximately $1 billion.
  • The valuation context stems from the Suns' overall worth.
  • No current plans for selling a stake have been disclosed.
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  • 12:03 AMYahoo SportsAnd if he ever were in a financial pinch, Ishbia could …
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