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YahooAugust 19, 2026 at 11:29 AM NY16 days ago

Sports billionaires are having a rough week on Wall Street

Sports billionaires are taking center stage on Wall Street, with Dodgers owner Mark Walter facing scrutiny over his broader business empire and Carvana (CVNA) investment, while Phoenix Suns owner Mat Ishbia deals with mounting pressure at United Wholesale Mortgage (UWMC). Yahoo Finance Executive Editor Brian Sozzi welcomes EMJ Capital founder and president Eric Jackson, Markets and Data Editor Jared Blikre and Senior Business Reporter to break down the trouble surrounding both stocks and what it means for the billionaire owners behind them.

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