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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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The post Jewish billionaire Mat Ishbia buys Phoenix NBA, WNBA teams from disgraced Jewish owner appeared first on Jewish Telegraphic Agency.
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Revealed: Hamas Money Laundering Network in Turkey Linked to Iran
Presidents Hassan Rouhani of Iran, Tayyip Erdogan of Turkey and Vladimir Putin of Russia pose for a picture after a news conference during their meeting in Ankara, Turkey, September 16, 2019. Photo: Pavel Golovkin/Pool via REUTERS.
i24 News – The Israel Defense Forces (IDF) and Shin Bet revealed on Sunday that Hamas, under the direction of Iran, is operating a clandestine network of money exchangers in the heart of Turkey, using the country’s financial infrastructure to fund terrorist activities against Israel.
According to documents obtained by Israeli authorities, the network is composed primarily of Gazans who manage the transfer of hundreds of millions of dollars directly to Hamas and its leadership.
These funds are received from Iranian sources, stored, and then forwarded to the terrorist organization to support its operations.
The documents released by the IDF detail a portion of these financial activities, including transactions totaling hundreds of thousands of dollars.
Three individuals of Gazan origin have been identified as key operatives within the network. Tamer Hassan, a senior official in Hamas’s Ministry of Finance, resides in Turkey and operates under the leadership of Khalil al-Hayya. Khalil Farawneh and Fareed Abu Dayer also act as money changers within the network, facilitating the movement of funds under Iranian guidance.
Israeli authorities stressed that despite the devastation in Gaza, Hamas continues to pursue terrorist plots against Israel and is actively attempting to rebuild its capabilities, including through operations outside the Strip.
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Israel’s Netanyahu to Discuss Second Phase of Gaza Plan with Trump Later This Month
Trucks transport tanks on the Israeli side of the border with Gaza, Israel, November 18, 2025. Photo: REUTERS/Amir Cohen
Israeli Prime Minister Benjamin Netanyahu said on Sunday that the second phase of a US plan to end the war in Gaza was close, but cautioned several key issues still needed to be resolved, including whether a multinational security force would be deployed.
Netanyahu, speaking to reporters alongside German Chancellor Friedrich Merz in Jerusalem, said that he would hold important discussions with US President Donald Trump at the end of the month on how to ensure the plan’s second phase was achieved.
The prime minister’s office in November said that Trump had invited Netanyahu to the White House “in the near future,” although a date for the visit has not yet been made public.
Netanyahu said that he would discuss with Trump how to bring an end to Hamas rule in Gaza. A ceasefire between Israel and Hamas is entering its second month, although both sides have repeatedly accused each other of violating the truce agreement.
Netanyahu said that it was important to ensure Hamas not only upholds the ceasefire but also follows through on “their commitment” to the plan to disarm and for Gaza to be demilitarized.
Israel retained control of 53 percent of Gaza under the first phase of Trump’s plan, which involved the release of hostages held by terrorists in Gaza and of Palestinians detained by Israel. The final hostage remains to be handed over are those of an Israeli police officer killed on October 7, 2023 fighting Gazan militants who had invaded Israel.
“We’ll get him out,” Netanyahu said.
Since the ceasefire started in October, the terrorist group has reestablished itself in the rest of Gaza.
GERMAN CHANCELLOR: PHASE TWO MUST COME NOW
According to the plan, Israel is to pull back further in the second phase as a transitional authority is established in Gaza and a multinational security force is deployed, Hamas is disarmed, and reconstruction begins.
A multinational coordination center has been established in Israel, but there are no deadlines in the plan and officials involved say that efforts to advance it have stalled.
“What will be the timeline? What are the forces that are coming in? Will we have international forces? If not, what are the alternatives? These are all topics that are being discussed,” Netanyahu said, describing them as central issues.
Merz said that Germany was willing to help rebuild Gaza but would wait for Netanyahu’s meeting with Trump, and for clarity on what Washington was prepared to do, before Berlin decides what it would contribute but that phase two “must come now.”
NETANYAHU: WEST BANK ANNEXATION REMAINS A SUBJECT OF DISCUSSION
Netanyahu said that he would also discuss with Trump “opportunities for peace,” an apparent reference to US efforts for Israel to establish formal ties with Arab and Muslim states.
“We believe there’s a path to advance a broader peace with the Arab states, and a path also to establish a workable peace with our Palestinian neighbors,” Netanyahu said, asserting Israel would always insist on security control of the West Bank.
Trump has said he promised Muslim leaders that Israel would not annex the West Bank, where Netanyahu’s government is backing the development of Jewish settlements.
The “question of political annexation” of the West Bank remains a subject of discussion, Netanyahu said.
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Frank Gehry, renowned architect who began life as Frank Goldberg, dies at 96
(JTA) — Frank Gehry, a Jewish architect who became one of the world’s most renowned innovators in his field for his contributions to modernist architecture, including the famed Guggenheim Museum in Bilbao, Spain, has died at 96.
His death following a brief respiratory illness was confirmed on Friday by the chief of staff at his firm, Meaghan Lloyd, according to the New York Times.
Gehry was born Ephraim Owen Goldberg on Feb. 28, 1929, to a Jewish family in Toronto. In 1947, Gehry moved to Los Angeles with his family and later went on to graduate from the University of Southern California’s School of Architecture in 1954.
The same year, he changed his name to Gehry at the behest of his first wife who was “worried about antisemitism and thought it sounded less Jewish.” He would later say he would not make the choice again.
Among Gehry’s most acclaimed works, which feature his signature, sculptural style, are the Bilbao Guggenheim, the Walt Disney Concert Hall in Los Angeles, the Louis Vuitton Foundation in Paris and the DZ Bank Building in Berlin.
Gehry also often returned to the motif of a fish, including two large fish sculptures in the World Trade Center in New York City and on Barcelona’s seafront. Some tied the fish motif to his recollections about his Jewish grandmother’s trips to the fishmonger to prepare for Shabbat each week.
“We’d put it in the bathtub,” Gehry said, according to the New York Times. “And I’d play with this fish for a day until she killed it and made gefilte fish.”
Gehry began to identify as an atheist shortly after his bar mitzvah. But in 2018, while he was working on ANU-Museum of the Jewish People in Tel Aviv, he told the Jewish Journal that Judaism had influenced his career nonetheless.
“There’s a curiosity built into the [Jewish] culture,” he said. “I grew up under that. My grandfather read Talmud to me. That’s one of the Jewish things I hang on to probably — that philosophy from that religion. Which is separate from God. It’s more ephemeral. I was brought up with that curiosity. I call it a healthy curiosity. Maybe it is something that the religion has produced. I don’t know. It’s certainly a positive thing.”
In 1989, Gehry won the prestigious Pritzker Prize, considered one of the top awards in the field of architecture, and in 1999 won the Gold Medal from the American Institute of Architects. In 2007, Gehry also received the Jerusalem Prize for Arts and Letters and in 2016 won the Presidential Medal of Freedom from then-president Barack Obama.
His survivors include his wife, Berta Isabel Aguilera, daughter Brina, and sons Alejandro and Samuel. Another daughter, Leslie Gehry Brenner, died of cancer in 2008.
The post Frank Gehry, renowned architect who began life as Frank Goldberg, dies at 96 appeared first on The Forward.
