Mat Ishbia discusses ownership stake in NBA and WNBA teams

Mat Ishbia announced plans to increase his ownership stake in both his NBA and WNBA teams, bringing his total ownership to approximately 79%. He stated that concerns regarding his financial liquidity are unfounded. Ishbia confirmed that his family, including his brother and father, collectively own about 20% of the teams, resulting in a near-total family ownership. The statement comes amid ongoing discussions about team ownership in professional basketball.

• 8:18 AMYahoo Sports — My liquidity couldn't be further, less of an issue …