• Loading stock data...
Sunday, April 28, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Robert Sarver to Sell Phoenix Suns, Mercury

  • Robert Sarver is beginning the process of selling the Phoenix Suns and Mercury.
  • A report detailed regular use of racially and sexually inappropriate language.
Robert-Sarver
Mark J. Rebilas-USA TODAY Sports

Phoenix Suns and Mercury owner Robert Sarver is selling both teams.

In a statement that was both regretful and aggrieved in tone, Sarver said he thought his one-year suspension “would provide the time for me to focus, make amends, and remove my personal controversy from the teams that I and so many fans love.” 

But in the long term, he said he would be a distraction to both teams in the “current unforgiving climate.”

  • A league-commissioned investigation found that Sarver regularly used “racially insensitive language; unequal treatment of female employees; sex-related statements and conduct; and harsh treatment of employees that on occasion constituted bullying.” 
  • The league suspended Sarver and fined him $10 million following the release of the report.

Sarver purchased the Suns in 2004 for $401 million. The team was valued at $1.8 billion by Forbes last year.

Temperature Rising

Sarver faced calls to sell the teams or otherwise be removed from the NBA by the team’s vice chairman Jahm Najafi, LeBron James, Suns star Chris Paul, Draymond Green, and NBPA executive director Tamika Tremaglio, all of whom felt the league’s punishment was too light.

PayPal, the Suns jersey patch sponsor, said it would not continue its relationship with the team if Sarver remained in place following his suspension.

League commissioner Adam Silver said previously that he doesn’t “have the right to take away his team,” noting that the report found that Sarver’s behavior was not driven “by racial or gender-based animus.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.

Phoenix’s NHL Future on Ice: Can Meruelo Reactivate the Coyotes?

NHL commissioner Gary Bettman acknowledges there could be a repeat of local political opposition.

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
podcast thumbnail mobile
Front Office Sports Today

NHL on Offense as Playoffs Heat Up

0:00
0:00

Featured Today

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

‘Baseless Corporate Conspiracy’: Hedge Fund Heats Up Feud Between NBA Owners

The Mat Ishbia–Dan Gilbert feud has exploded into view this week.
March 14, 2024

Chiefs’ President Threatens Team Could Leave Kansas City If Voters Don’t Give It Money

The Hunt family’s cheapness continues to show after Super Bowl title.
March 25, 2024

Tony Clark Appears to Be Winning Fight Over Baseball’s Union

Some players had recently called for the removal of Clark’s top negotiator.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
IRS
February 15, 2024

IRS to Start Auditing Sports Owners

Audit increase comes with the agency’s increased enforcement budget.
Theo Epstein
February 2, 2024

Theo Epstein Returns Home, Joins Fenway Sports Group

The 50-year-old will serve as a senior adviser to the ownership group.
January 24, 2024

Former Tottenham Owner Pleads Guilty to Insider Trading Charges

Tottenham is worth $2.8 billion and owned by Lewis’s family trust.
Mark Cuban and Dallas Mavericks.
November 28, 2023

Adelson Family Freed Up $2B To Reportedly Buy Stake In Dallas Mavericks

Miriam Adelson is selling a portion of her Las Vegas Sands Corp stock.