Officialsportsbetting.com NBA Betting Wolves work on Wiggins deal, could hit $148M

Wolves work on Wiggins deal, could hit $148M

Wolves work on Wiggins deal, could hit $148M

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Boston Celtics vs Orlando Magic
Type: Total - Status: OPEN
Under-110
Over-110
Cleveland Cavaliers vs Miami Heat
Type: Total - Status: OPEN
Under - 1H-110
Over - 1H-110
Houston Rockets vs Golden State Warriors
Type: Point Spread - Status: OPEN
Houston Rockets - 1H-110
Golden State Warriors - 1H-110
L.A. Clippers vs Denver Nuggets
Type: Moneyline - Status: OPEN
L.A. Clippers - 1H-165
Denver Nuggets - 1H+140
Detroit Pistons vs New York Knicks
Type: Total - Status: OPEN
Under - 1H-110
Over - 1H-110
Memphis Grizzlies vs Oklahoma City Thunder
Type: Point Spread - Status: OPEN
Memphis Grizzlies - 1H-105
Oklahoma City Thunder - 1H-115
Milwaukee Bucks vs Indiana Pacers
Type: Point Spread - Status: OPEN
Milwaukee Bucks - 1H-110
Indiana Pacers - 1H-110
Minnesota Timberwolves vs Los Angeles Lakers
Type: Total - Status: OPEN
Under - 1H-110
Over - 1H-110

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Mat Ishbia Pledged More Than Half Of UWM Outstanding Shares To Secure Loans To Buy SunsMat Ishbia Pledged More Than Half Of UWM Outstanding Shares To Secure Loans To Buy Suns

Mat Ishbia pledged more than half of mortgage giant UWM Holdings Corp.’s outstanding shares to secure loans before buying the Phoenix Suns for a record $4 billion.

Ishbia holds his stake through SFS Holding Corp., which owns 94% of UWM’s outstanding stock and pledged the shares, according to the firm’s 2023 proxy statement.

Ishbia is worth $5.5 billion and his fortune dropped by $3.4 billion after the pledged shares were removed from his net worth calculation.

Executives of publicly traded companies will often pledge shares as collateral, but it is unusual for more than half of their shares to be tied up as collateral. If the share price goes down, lenders can request additional collateral or for the loan to be repaid.

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