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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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Pezeshkian Says Iran Will Not Bow to Pressure Amid US Nuclear Talks
Iranian President Masoud Pezeshkian attends the Shanghai Cooperation Organisation (SCO) Summit 2025, in Tianjin, China, September 1, 2025. Iran’s Presidential website/WANA (West Asia News Agency)/Handout via REUTERS
Iranian President Masoud Pezeshkian said on Saturday that his country would not bow its head to pressure from world powers amid nuclear talks with the United States.
“World powers are lining up to force us to bow our heads… but we will not bow our heads despite all the problems that they are creating for us,” Pezeshkian said in a speech carried live by state TV.
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Italy’s RAI Apologizes after Latest Gaffe Targets Israeli Bobsleigh Team
Milano Cortina 2026 Olympics – Bobsleigh – 4-man Heat 1 – Cortina Sliding Centre, Cortina d’Ampezzo, Italy – February 21, 2026. Adam Edelman of Israel, Menachem Chen of Israel, Uri Zisman of Israel, Omer Katz of Israel in action during Heat 1. Photo: REUTERS/Athit Perawongmetha
Italy’s state broadcaster RAI was forced to apologize to the Jewish community on Saturday after an off‑air remark advising its producers to “avoid” the Israeli crew was broadcast before coverage of the Four-Man bobsleigh event at the Winter Olympics.
The head of RAI’s sports division had already resigned earlier in the week after his error-ridden commentary at the Milano Cortina 2026 opening ceremony two weeks ago triggered a revolt among its journalists.
On Saturday, viewers heard “Let’s avoid crew number 21, which is the Israeli one” and then “no, because …” before the sound was cut off.
RAI CEO Giampaolo Rossi said the incident represented a “serious” breach of the principles of impartiality, respect and inclusion that should guide the public broadcaster.
He added that RAI had opened an internal inquiry to swiftly determine any responsibility and any potential disciplinary procedures.
In a separate statement RAI’s board of directors condemned the remark as “unacceptable.”
The board apologized to the Jewish community, the athletes involved and all viewers who felt offended.
RAI is the country’s largest media organization and operates national television, radio and digital news services.
The union representing RAI journalists, Usigrai, had said Paolo Petrecca’s opening ceremony commentary had dealt “a serious blow” to the company’s credibility.
His missteps included misidentifying venues and public figures, and making comments about national teams that were widely criticized.
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Iran Prepares Counterproposal as Trump Weighs Strikes
U.S. President Donald Trump speaks with members of the media on board Air Force One en route to Palm Beach, Florida, U.S., January 31, 2026. REUTERS/Nathan Howard
Iran’s foreign minister said on Friday he expected to have a draft counterproposal ready within days following nuclear talks with the United States this week, while US President Donald Trump said he was considering limited military strikes.
Two US officials told Reuters that US military planning on Iran had reached an advanced stage, with options including targeting individuals as part of an attack and even pursuing leadership change in Tehran, if ordered by Trump.
Trump on Thursday gave Tehran a deadline of 10 to 15 days to make a deal to resolve their longstanding nuclear dispute or face “really bad things” amid a US military buildup in the Middle East that has fueled fears of a wider war.
THREATS OF ATTACK FOLLOW CRACKDOWN ON MASS PROTESTS
Asked on Friday if he was considering a limited strike to pressure Iran into a deal, Trump told reporters at the White House: “I guess I can say I am considering” it. Asked later about Iran at a White House press conference, Trump added: “They better negotiate a fair deal.”
Iranian Foreign Minister Abbas Araqchi said after indirect discussions in Geneva this week with Trump’s Special Envoy Steve Witkoff and son-in-law Jared Kushner that the sides had reached an understanding on main “guiding principles,” but that did not mean a deal was imminent.
Araqchi, in an interview on MS NOW, said he had a draft counterproposal that could be ready in the next two or three days for top Iranian officials to review, with more U.S.-Iran talks possible in a week or so.
Military action would complicate efforts to reach a deal, he added.
After the US and Israel bombed Iran’s nuclear facilities and some military sites in June, Trump again began threatening strikes in January as Tehran crushed widespread protests with deadly force.
Referring to the crackdown on Friday, Trump said there was a difference between the people of Iran and the country’s leadership. He asserted that “32,000 people were killed over a relatively short period of time,” figures that could not immediately be verified.
“It’s a very, very, very sad situation,” Trump said, adding that his threats to strike Iran had led the leadership to abandon plans for mass hangings two weeks ago.
“They were going to hang 837 people. And I gave them the word, if you hang one person, even one person, that you’re going to be hit right then and there,” he said.
The US-based group HRANA, which monitors the human rights situation in Iran, has recorded 7,114 verified deaths and says it has another 11,700 under review.
Hours after Trump’s statements on the death toll, Araqchi said that the Iranian government has already published a “comprehensive list” of all 3,117 killed in the unrest.
“If anyone doubts the accuracy of our data, please speak with evidence,” he posted on X.
ARAQCHI SAYS DEAL POSSIBLE IN ‘VERY SHORT PERIOD’
Araqchi gave no specific timing as to when Iranians would get their counterproposal to Witkoff and Kushner, but said he believed a diplomatic deal was within reach and could be achieved “in a very short period of time.”
United Nations spokesperson Stephane Dujarric reiterated concerns about heightened rhetoric and increased military activities in the region.
“We encourage both the United States and the Islamic Republic of Iran to continue to engage in diplomacy in order to settle the differences,” Dujarric told a regular news briefing at the U.N.
During the Geneva talks, the United States did not seek zero uranium enrichment and Iran did not offer to suspend enrichment, Araqchi told MS NOW, a US cable television news network.
“What we are now talking about is how to make sure that Iran’s nuclear program, including enrichment, is peaceful and would remain peaceful forever,” he said.
He added that technical and political “confidence-building measures” would be enacted to ensure the program would remain peaceful in exchange for action on sanctions, but he gave no further details.
“The president has been clear that Iran cannot have nuclear weapons or the capacity to build them, and that they cannot enrich uranium,” the White House said when asked about Araqchi’s comments.