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League: NBASport: BasketballCountry: United StatesCategory: General

Ishbia family increases stake in Phoenix Suns to almost 99%

Yahoo Sports • 1 min read • Latest: Aug 15, 2026, 12:26 AM

Last updated Aug 15, 2026

Ishbia family increases stake in Phoenix Suns to almost 99%
Summary

On August 15, 2026, it was reported that the Ishbia family is increasing their ownership stake in the Phoenix Suns to almost 99%. This development comes amid Mat Ishbia's ongoing tenure as team owner, which is not currently threatened. The details were provided in a statement from United Wholesale Mortgage to Bloomberg. This heightened ownership stake signifies a deepening commitment to the franchise as the Suns prepare for the upcoming season.

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Yahoo Sports
Key Details
  • •Ishbia family ownership rises to nearly 99%
  • •Mat Ishbia's position as owner remains stable
  • •Announcement made via UWM to Bloomberg
  • •Developments signal commitment to franchise's future
Latest Updates
  • 12:26 AMYahoo Sports — Not only is Mat Ishbia's tenure not threatened, the …
What they're saying
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Not only is Mat Ishbia's tenure not threatened, the …

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Phoenix SunsNBABasketball

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