By Charles Chapman Mat Ishbia bought the Phoenix Suns and Mercury in February 2023 for a then-record $4 billion. He financed that purchase on the strength of United Wholesale Mortgage. This week, that foundation took a serious hit. UWM shares fell more than 35 percent Thursday and closed at $1.19. The stock briefly touched 93 cents before recovering. Friday brought … Read More
The Official Death of Hope: the Phoenix Suns are in Purgatory without a Coach
Last season started with so much promise for the Phoenix Suns: the dynamic trio of Kevin Durant, Devin Booker, and Bradley Beal was the sort of collection of talent that had people speculating about a deep playoff run, and new coach Mike Budenholzer offered the promise of a fresh approach with this talent. But after one season, that promise is … Read More