[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

Veteran
Joined
Sep 26, 2012
Messages
186,312
Reputation
14,827
Daps
365,978
Reppin
NULL
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

Veteran
Joined
Sep 26, 2012
Messages
186,312
Reputation
14,827
Daps
365,978
Reppin
NULL
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

Superstar
Joined
May 1, 2012
Messages
4,032
Reputation
2,803
Daps
16,708
Reppin
NULL
Going to bat for uncensoring the word cocksucker is a movement I can get behind :ehh:

64532f0497c681cc07171499ac593707fe93c897.gif
 

David_TheMan

Veteran
Joined
Dec 2, 2015
Messages
39,974
Reputation
-3,014
Daps
88,387
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

All Star
Joined
Nov 19, 2016
Messages
2,774
Reputation
-181
Daps
7,411
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.
 
Top