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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.


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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Deal With US Within Reach ‘Only if Diplomacy Is Given Priority,’ Iran’s Foreign Minister Says

Iranian Foreign Minister Abbas Araqchi speaks during a press conference following talks with Russian Foreign Minister Sergei Lavrov in Moscow, Russia, Dec. 17, 2025. Photo: REUTERS/Ramil Sitdikov/Pool

Iran‘s Foreign Minister Abbas Araqchi said on Tuesday that a deal with the US was “within reach, but only if diplomacy is given priority,” days ahead of an expected fresh round of talks between the two sides in Geneva.

The talks are set to take place on Thursday in Geneva, a senior US official said on Monday, with US envoys Steve Witkoff and Jared Kushner slated to meet with an Iranian delegation for the negotiations.

The two countries resumed negotiations earlier this month as the US builds up its military capability in the Middle East. Iran has threatened to strike US bases in the region if it is attacked.

“We have a historic opportunity to strike an unprecedented agreement that addresses mutual concerns and achieves mutual interests,” Araqchi said in a post on X.

The Iranian top diplomat said his country would resume the talks with “a determination to achieve a fair and equitable deal in the shortest possible time.”

Earlier, Iranian Deputy Foreign Minister Majid Takht-Ravanchi said Iran was ready to take all necessary steps to reach a deal with the United States.

“We are ready to reach an agreement as soon as possible. We will do whatever it takes to make this happen. We will enter the negotiating room in Geneva with complete honesty and good faith,” Takht-Ravanchi said in comments carried by state media.

White House Press Secretary Karoline Leavitt said on Tuesday that US President Donald Trump’s “first option” was always diplomacy but that he was “willing to use lethal force” if necessary.

“The president is always the final decision maker around here,” she told reporters at the White House.

A senior Iranian official told Reuters on Sunday that Tehran would seriously consider a combination of sending half of its most highly enriched uranium abroad, diluting the rest, and taking part in creating a regional enrichment consortium – an idea periodically raised during years of Iran-linked diplomacy.

Iran would do this in return for US recognition of Iran‘s right to “peaceful nuclear enrichment” under a deal that would also include lifting economic sanctions, the official said.

“If there is an attack or aggression against Iran, we will respond according to our defense plans … A US attack on Iran is a real gamble,” Takht-Ravanchi added.

Indirect talks between the two sides last year brought no agreement, primarily due to friction over a US demand that Iran forgo uranium enrichment on its soil, which Washington views as a pathway to a nuclear bomb.

Iran has always denied seeking such weapons.

The US joined Israel in hitting Iranian nuclear sites last June, effectively curtailing Iran‘s uranium enrichment, with Trump saying its key nuclear sites were “obliterated.” But Iran is still believed to possess stockpiles enriched previously, which Washington wants it to relinquish.

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Australia Begins Inquiry Into Antisemitism After Bondi Shooting

An Australian flag sits amongst floral tributes honoring the victims of a shooting at Jewish holiday celebration on Sunday at Bondi Beach, in Sydney, Australia, Dec. 16, 2025. Photo: REUTERS/Hollie Adams

Australia on Tuesday opened a government-backed inquiry into antisemitism, after a mass shooting at a Jewish event at Bondi Beach killed 15 people in December 2025.

The attack at a Jewish Hanukkah celebration shocked a country with strict gun laws and fueled calls for tougher controls and stronger action against antisemitism.

The Royal Commission, the most powerful type of government inquiry in Australia which can compel people to give evidence, will be led by retired judge Virginia Bell.

It will consider the events of the shooting as well as antisemitism and social cohesion in Australia, and is expected to report its findings by December this year.

In her opening statement at a court in Sydney on Tuesday, Bell said security arrangements for the event would form a major part of the commission.

“The commission needs to investigate the security arrangements for that event, and to report on whether our intelligence and law enforcement agencies performed to maximum effectiveness,” Bell said.

Police say the alleged gunmen, Sajid Akram and his son Naveed Akram, were inspired by Islamic State.

Sajid Akram was shot dead by police at the scene, while Naveed Akram, who was also shot but survived, is currently facing charges including 15 counts of murder and a terror offense.

INQUIRY SCOPE LIMITED

Due to the ongoing legal proceedings, no potential witnesses in Akram’s trial will be called to give evidence to the commission, Bell said.

Bell said she plans to meet with victims’ families in private to explain some of the limitations of her inquiry.

Richard Lancaster, the top lawyer assisting Bell with the inquiry, said his team had sent dozens of requests to government and other agencies to produce documentary evidence, but the level of responses is “not presently where we would like it to be.”

There was no testimony heard or evidence given on Tuesday, and the commission is yet to determine when it will next sit.

Michele Goldman, CEO of the New South Wales Jewish Board of Deputies, said after the hearing that the inquiry would be an opportunity to showcase the community’s “horrific” experiences of antisemitism.

But some people directly impacted by the attack would find it “very hard” to be barred from sharing their accounts with the inquiry, she said.

Prime Minister Anthony Albanese had initially resisted calls to set up a Royal Commission, saying the process would take years, which attracted criticism from Jewish groups and victims’ families.

The Bondi attack followed a spate of antisemitic incidents in the country, including the firebombing of a Melbourne synagogue.

The government has already responded by tightening gun laws and introducing new legislation against hate speech.

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Iran Issues Death Sentence Linked to January Protests, Source Says

A February 2023 protest in Washington, DC calling for an end to executions and human rights violations in Iran. Photo: Reuters/ Bryan Olin Dozier

A revolutionary court in Tehran has issued a death sentence for an Iranian man accused of “enmity against god,” which if confirmed would be the first such sentence linked to mass protests in January, a source close to the man’s family said.

The source told Reuters on Tuesday that Iran‘s judiciary had not yet announced the sentence against the man, Mohammad Abbasi, and that Iran‘s Supreme Court was yet to uphold it.

Abbasi was accused of killing a security officer, an allegation his family denied, the source said.

Rights groups say thousands of people were killed in a crackdown on the protests, the worst domestic unrest in Iran since the era of its 1979 Islamic Revolution.

During the unrest, US President Donald Trump warned Tehran that he could order military action if it carried out executions.

The source said the defendant’s daughter, Fatemeh Abbasi, was handed a 25-year prison sentence over her role in protests.

“The defendants do not have access to the lawyer they wanted, and were given a public defender,” the source added.

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