[Zach Harper]" There have been whispers and rumors within the last year that the Suns [ownership] might not have money. Ishbia might not have cash."

Big Boss

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They don’t fukk with each other in the slightest

Both Spartans,Both trying to be the person that runs that school,Both trying to get a foothold in Detroit,Both in the same industry.

UWM has been in a slow crash over the past year though..but that just seems too random for a stock guy to be a source but it is possible


:ohhh: :ohhh:
 

Big Boss

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What reason would he have to spread that?
I think the most likely source was that in stock circles UWM crashed hard last Monday and Pablo is just parroting that

I haven't t seen any lawsuits regarding vendors or employees not being paid, that's usually the red flag.


They don’t fukk with each other in the slightest

Both Spartans,Both trying to be the person that runs that school,Both trying to get a foothold in Detroit,Both in the same industry.

UWM has been in a slow crash over the past year though..but that just seems too random for a stock guy to be a source but it is possible




 

BuddahMAC

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Going to bat for uncensoring the word cocksucker is a movement I can get behind :ehh:

64532f0497c681cc07171499ac593707fe93c897.gif
 

David_TheMan

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Please explain. You saying bc of a recession?

Bc the big Dawgs like Quicken will just absorb the smaller fish
UWM is bigger than rocket mortgage they overtook the 3 years ago as the largest mortgage company.

There is a structural issue with the current us home lending market. It's a bubble getting ready to burst and if the US government is not going to back these loans expect massive losses and implosion of rocket and UWM.
 

Oldschooler

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The stats I can find is that the suns revenue was around $340 million in the 23 to 24 season. I don't think they own their arena. So they probably pay the city a pretty penny for it. Going into the salary tax and paying that. I won't be surprised if Ishbia is losing money on the team from a cash flow perspective. I can see them making money on a sale.
 

Rigby.

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That Pablo Torre episode actually does an incredible job of contextualizing why this would happen, and it came out an entire year ago. Would definitely recommend it as a listen for anyone who truly cares about this story
 
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