NBA Owners Mat Ishbia and Dan Gilbert in Heated Rivalry.

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Source: Detroit Free Press
NBA Owners Mat Ishbia and Dan Gilbert in Heated Rivalry.
Photo: Detroit Free Press
TL;DR Summary

Mat Ishbia, CEO of United Wholesale Mortgage and owner of the Phoenix Suns, spoke about his business and personal rivalry with Dan Gilbert, owner of the Cleveland Cavaliers and Rocket Mortgage. Ishbia claimed that Gilbert doesn't like him and vice versa, and that they compete in the same town. UWM surpassed Rocket Mortgage in loan originations last year, and Ishbia claimed that Rocket Mortgage engages in behaviors that can harm mortgage brokers over the long term. Gilbert reportedly abstained from the vote that authorized Ishbia to buy the Suns earlier this year.

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