Source: Suns Owner Justin Ishbia Eyes Twins Purchase

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Source: Suns Owner Justin Ishbia Eyes Twins Purchase 

Post#1 » by RealGM Wiretap » Mon Dec 16, 2024 1:10 pm

Justin Ishbia, a Phoenix Suns minority owner and the brother of Suns majority owner Mat Ishbia, is interested in buying the Minnesota Twins, according to a source.

The Pohlad family, which has owned the Twins for four decades, announced its intention to explore selling the team in October, which would end one of the longest-tenured ownerships in Major League Baseball. 

Ishbia, whom Forbes estimates has a net worth of nearly $5 billion, is the founder and managing partner of the Chicago-based private equity firm Shore Capital Partners.

Justin\'s brother, Mat, a billionaire mortgage lender and head of United Wholesale Mortgage, led an ownership group that included Justin to buy a controlling stake in the Suns and the Phoenix Mercury in February 2023 at a $4 billion valuation.

Via Baxter Holmes/ESPN

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