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Jewish billionaire Mat Ishbia buys Phoenix NBA, WNBA teams from disgraced Jewish owner
(JTA) — Mat Ishbia, a billionaire mortgage lender who in high school was named Jewish athlete of the year by his hometown Jewish newspaper, has reportedly reached a $4 billion agreement to purchase the NBA’s Phoenix Suns and WNBA’s Phoenix Mercury.
Ishbia is buying the teams from Robert Sarver, who cited his Jewish identity when he announced in September that he would sell the basketball teams he has owned since 2004.
Sarver, a real estate businessman with a net worth of nearly $1 billion, announced the sale after facing a suspension and $10 million fine as a result of an investigation that found a pattern of inappropriate and abusive behavior, including racist remarks and sexual harassment toward employees.
“As a man of faith, I believe in atonement and the path to forgiveness,” Sarver said in a statement at the time, which was just before the High Holidays when teshuvah, the Jewish idea of repentance, is a central theme. The Tucson native is a member of the Reform synagogue Temple Chai in Phoenix.
Ishbia, president and CEO of Michigan-based United Wholesale Mortgage, has a net worth of $5.6 billion, according to Bloomberg. His firm is the largest wholesale mortgage lender in the United States.
According to ESPN, Ishbia has been pursuing NBA and NFL teams in recent years and has a relationship with NBA commissioner Adam Silver, who is also Jewish. The sale will become final pending approval from the NBA’s board of governors.
The $4 billion price tag is the most expensive in basketball history, and second-highest for a North American sports franchise, behind only the $4.65 billion sale of the NFL’s Denver Broncos in June. At 42 years old, Ishbia will become the NBA’s youngest team owner.
Ishbia was a walk-on basketball player at Michigan State University, where he played in three Final Fours and won a national championship in 2000. His $32 million gift to his alma mater in 2021 was the largest individual donation in the school’s history.
Ishbia also played for Detroit’s youth Maccabi team at 13 years old, and as a senior in high school was named Jewish athlete of the year by the Detroit Jewish News. He is a member of the Michigan Jewish Sports Foundation’s board of governors.
Justin Ishbia, Mat’s brother, will make a sizable investment and serve as the teams’ alternate governor, according to ESPN.
Justin was one of the most giving Jews in the most recent campaign cycle. Both brothers have given widely, to both Democrats and Republicans.
In 2020, Mat Ishbia donated to both Republicans seeking Senate seats in Georgia, both of whom lost. Last year, he donated to the campaign of Alex Lasry, the Jewish Milwaukee Bucks executive who briefly ran for Senate in Wisconsin.
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Lebanon Plans UN Complaint Against Israel Over Border Wall
A UN vehicle drives near a concrete wall along Lebanon’s southern border which, according to the Lebanese presidency, extends beyond the “Blue Line”, a U.N.-mapped line separating Lebanon from Israel and the Israeli-occupied Golan Heights, as seen from northern Israel, November 16, 2025. REUTERS/Shir Torem
Lebanon will file a complaint to the U.N. Security Council against Israel for constructing a concrete wall along Lebanon’s southern border that extends beyond the “Blue Line,” the Lebanese presidency said on Saturday.
The Blue Line is a U.N.-mapped line separating Lebanon from Israel and the Israeli-occupied Golan Heights. Israeli forces withdrew to the Blue Line when they left south Lebanon in 2000.
A spokesperson for the U.N. secretary-general, Stephane Dujarric, said on Friday the wall has made more than 4,000 square meters (nearly an acre) of Lebanese territory inaccessible to the local population.
The Lebanese presidency echoed his remarks, saying in a statement that Israel’s ongoing construction constituted “a violation of U.N. Security Council Resolution 1701 and an infringement on Lebanon’s sovereignty and territorial integrity.”
Dujarric said the United Nations Interim Force in Lebanon (UNIFIL) had requested that the wall be removed.
An Israeli military spokesperson denied on Friday that the wall crossed the Blue Line.
“The wall is part of a broader IDF plan whose construction began in 2022,” the spokesperson said, referring to the Israel Defense Forces.
“Since the start of the war, and as part of lessons learned from it, the IDF has been advancing a series of measures, including reinforcing the physical barrier along the northern border.”
UNIFIL, established in 1978, operates between the Litani River in the north and the Blue Line in the south. The mission has more than 10,000 troops from 50 countries and about 800 civilian staff, according to its website.
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Iran Says US Is Not Ready for ‘Equal and Fair’ Nuclear Talks
Iranian Foreign Minister Abbas Araqchi speaks during a meeting with foreign ambassadors in Tehran, Iran, July 12, 2025. Photo: Hamid Forootan/Iranian Foreign Ministry/WANA (West Asia News Agency)/Handout via REUTERS
Washington’s current approach toward Tehran does not indicate any readiness for “equal and fair negotiations,” Iran’s foreign minister said on Sunday, after US President Donald Trump hinted last week at potential discussions.
Following Israel’s attack on Iran in June, which was joined by U.S. strikes on Iranian nuclear facilities, attempts at renewing dialogue on Tehran’s nuclear program have failed.
The United States, its European allies and Israel accuse Tehran of using its nuclear program as a veil for efforts to develop the capability to produce weapons. Iran says its nuclear program is for peaceful purposes only.
Tehran and Washington underwent five rounds of indirect nuclear talks prior to the 12-days-war, but faced obstacles such as the issue of domestic uranium enrichment, which the U.S. wants Iran to forego.
“The U.S. cannot expect to gain what it couldn’t in war through negotiations,” Abbas Araqchi said during a Tehran conference named “international law under assault.”
“Iran will always be prepared to engage in diplomacy, but not negotiations meant for dictation,” he added.
During the same conference, deputy foreign minister Saeed Khatibzadeh accused Washington of pursuing its wartime goals with “negotiations as a show.”
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Israeli Government Decides ‘Independent’ Commission to Investigate Oct. 7 Failures
The Israeli Supreme Court in Jerusalem. Photo: Wikimedia Commons.
i24 News – The Israeli government has approved the creation of an “independent” commission of inquiry to examine the failures that enabled the Hamas assault of October 7, 2023.
However, in a move sharply criticized by the opposition and contrary to the recommendation of the Supreme Court, the panel will not be a formal state commission of inquiry. Instead, its mandate, authorities, and scope will be determined directly by government ministers.
According to the decision, the commission will receive full investigative powers and must be composed in a way that ensures “the broadest possible public trust.”
Prime Minister Benjamin Netanyahu will form a special ministerial committee tasked with defining what the inquiry may investigate, the time periods to be reviewed, and the authority it will receive. The committee has 45 days to deliver its recommendations.
For the past year, the government has repeatedly resisted calls to establish a state commission, arguing at first that such a body could not operate during wartime. Later, some ministers accused Supreme Court President Isaac Amit of being incapable of appointing an impartial chairperson.
But on October 15, the High Court of Justice ruled that there was “no substantive argument” against forming a state commission, giving the government 30 days to respond.
Netanyahu maintains that responsibility for the October 7 failures lies primarily with Israel’s security agencies rather than with political leaders.
His critics accuse him of creating a weaker, government-controlled inquiry designed to limit scrutiny of his decisions, undermining the prospect of full accountability for the deadliest attack in Israel’s history.