Billionaire mortgage lender Mat Ishbia is finalizing a purchase of the Phoenix Suns

Discussion in 'Portland Trail Blazers' started by SlyPokerDog, Dec 20, 2022.

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  1. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    SlyPokerDog, Dec 20, 2022
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  2. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    SlyPokerDog, Dec 20, 2022
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  3. AldoTrapani

    AldoTrapani Well-Known Member

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    Jody is smart. Let’s see if Phil Knight was really about that life and offers the 3-3.5B that would most likely get it done..
     
    AldoTrapani, Dec 20, 2022
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  4. OneSport3

    OneSport3 The Knowledge Hoarder

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    Dreaming of the day where we will receive glorious news like this as well.
     
    OneSport3, Dec 20, 2022
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  5. AldoTrapani

    AldoTrapani Well-Known Member

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    Honestly Jody isn’t that bad. She’s very supportive of the team, always at the games, lets the experts do their thing. She isn’t that bad
     
    AldoTrapani, Dec 20, 2022
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  6. THE HCP

    THE HCP NorthEastPortland'sFinest

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    I'm actually pretty cool with us never selling the team in my lifetime. I don't need any chance of them moving. Never a guarantee that it stays when somebody new takes over.
     
    THE HCP, Dec 20, 2022
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  7. OneSport3

    OneSport3 The Knowledge Hoarder

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    You think the team gets moved if the it is bought by the rumored Phil Knight group?
     
    OneSport3, Dec 20, 2022
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  8. THE HCP

    THE HCP NorthEastPortland'sFinest

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    I know Vulcan won't move it.
     
    THE HCP, Dec 20, 2022
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  9. handiman

    handiman Well-Known Member

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    I figured this thread would say Elon Musk is stepping down as Twitter CEO to buy the Suns, but then, he might not be a billionaire much longer, at his current rate.
     
    handiman, Dec 20, 2022
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  10. AldoTrapani

    AldoTrapani Well-Known Member

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    I know Phil knight wouldn’t either
     
    AldoTrapani, Dec 20, 2022
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  11. THE HCP

    THE HCP NorthEastPortland'sFinest

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    Oh I'd love to hear how you know this. Please share with us your inside info.
     
    THE HCP, Dec 20, 2022
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  12. AldoTrapani

    AldoTrapani Well-Known Member

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    your kidding me right? Dude is born and raised in Portland. Has his world headquarters in Oregon where he could have rooted it anywhere in the country. And of course you know what he does for his alma mater. So I HIGHLY doubt Phil Knight would buy the Blazers to just move them out of his hometown.. Come on Fam!!
     
    AldoTrapani, Dec 20, 2022
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  13. Mr. Robot

    Mr. Robot Well-Known Member

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    didnt nba block the sacramento kings relocation

    cant imagine they would allow trail blazers relocate, especially without the seattle supersonics
     
    Mr. Robot, Dec 20, 2022
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  14. Fairly-Hard

    Fairly-Hard Former Member Gone New!

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    So i looked up real quick on how much Mat Ishbia is worth?
    This is kind of a gamble on his part.
    It says he is only worth just under 5 billon. I know that is still an incredible amount of money but that seems like a huge percentage of his overall net worth.
     
    Fairly-Hard, Dec 20, 2022
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  15. theprunetang

    theprunetang Shaedon "Deadly Nightshade" Sharpe is HIM

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    He would probably require players to purchase a blue check-mark on their jerseys to be able to enter a game.
     
    theprunetang, Dec 20, 2022
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  16. Fairly-Hard

    Fairly-Hard Former Member Gone New!

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    Somebody must have said something that i can't see. I really should take that dude off ignore when there isn't a game being played.
     
    Fairly-Hard, Dec 20, 2022
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  17. tlongII

    tlongII Legendary Poster

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    How much did he pay for the Suns? I haven't seen that posted anywhere.
     
    tlongII, Dec 20, 2022
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  18. tlongII

    tlongII Legendary Poster

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    Oh I see they are selling for $4 B now! Wow! That seems a little out of Ishbia's range to me. That's Phil Knight money right there!
     
    tlongII, Dec 20, 2022
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  19. THE HCP

    THE HCP NorthEastPortland'sFinest

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    I think 60 Minutes just did a piece in him last month.
     
    THE HCP, Dec 20, 2022
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  20. Jelloman

    Jelloman Well-Known Member

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    He is most likely the majority owner, his brother is in the deal as well and will be the alternate governor. There is likely there will be other investor as well. He probably will own less than half on his own and has majority ownership combine with his brother's stake.
     
    Jelloman, Dec 20, 2022
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