Ishbia could sell stake in Suns amid financial considerations
Yahoo Sports • 1 min read • Latest: Aug 22, 2026, 12:03 AM
Last updated Aug 22, 2026
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.
- •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.
- 12:03 AMYahoo Sports — And if he ever were in a financial pinch, Ishbia could …
"And if he ever were in a financial pinch, Ishbia could …
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