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Mat Ishbia's Rivalry With Rocket Mortgage Takes Center Stage

Phoenix Suns forward Kevin Durant (35) looks at the scoreboard during the second half of an NBA basketball game against the New York Knicks, Friday, Dec. 15, 2023, in Phoenix. (AP Photo/Matt York)

Mat Ishbia, the CEO and chairman of United Wholesale Mortgage, recently made headlines as the new majority owner of the Phoenix Suns. In a meeting with Suns employees, Ishbia shared his vision for the franchise, emphasizing his background in the mortgage industry and his aspirations for the team to excel not only in the NBA but in all of sports.

During the meeting, Ishbia highlighted his company's success as the largest mortgage company in America and expressed his commitment to building a winning culture within the Suns organization. He also made references to his rivalry with Rocket Mortgage, a Michigan-based lending giant owned by Dan Gilbert, the owner of the Cleveland Cavaliers.

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