Sarver to Sell Suns

September 22, 2022 Sarver to Sell Suns

By: Carlos Alvarez

Robert Sarver Announces Plans to Sell Phoenix Suns & Mercury Franchises

An ownership change is coming to the NBA. Phoenix Suns and Mercury owner Robert Sarver announced plans to sell the franchise yesterday following his one-year suspension and $10 million fine after an NBA investigation confirmed that he used a racial slur on multiple occasions. He was also involved in sexually inappropriate conversations with female employees.

 

The Sarver-Suns Timeline

An offseason investigation launched by the NBA produced numerous accounts of misconduct by the Suns owner, and the league office — which frequently leads the way in decision-making among sports governing bodies — levied down a suspension that seemed light. Players like LeBron James and Chris Paul spoke out. So, too, did Suns employees, sponsors, and community members. Sarver was left with little choice but to step aside for the progress of the organization and community. The Suns are valued at $1.8 billion.

 

Additional Storylines

CNBC: Robert Sarver to Sell Suns & Mercury Amid Scandal, Suspension

Yahoo! Sports: Jeff Bezos & Bob Iger Linked to Interest in Purchasing Suns

 

Photo: Christian Petersen / Getty Images