• Loading stock data...
Sunday, November 17, 2024

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

Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.

How Women’s Sports Could Change in the Next Trump Era

Under the president-elect, Title IX could change drastically.
Jul 8, 2021; Phoenix, Arizona, USA; Phoenix Suns owner Robert Sarver reacts during the second half in game two of the 2021 NBA Finals at Phoenix Suns Arena. Mandatory Credit:

Former Suns Employee Sues Team Over Wrongful Termination, Retaliation

Andrea Trischan was the team’s former DEI program manager.
podcast thumbnail mobile
Front Office Sports Today

The SEC and Big Ten Are Driving College Football

0:00

Featured Today

Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.

Adam Silver Defends NBA Product Amid Sluggish Ratings

Silver said the NBA compares itself to “the biggest brands in the world.”
May 22, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez look on in the second half against the Dallas Mavericks during game one of the western conference finals for the 2024 NBA playoffs at Target Center.
October 23, 2024

A-Rod, Lore Deposit $940M As Wolves Ownership Hearing Nears

Rodriguez and Lore made a large escrow deposit in advance of a key upcoming arbitration hearing.
November 11, 2024

Endeavor to Sell OpenBet, IMG Arena to Its CEO Ari Emanuel

The move is “a necessary step” as Endeavor seeks to go private.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
October 22, 2024

Dude Perfect CEO’s Task: Make the Dudes a Media Company

Dude Perfect’s new CEO wants fans to be able to experience the brand in person.
Feb 13, 2023; Beverly Hills, CA, USA; Disney CEO Bob Iger arrives at the 95th Oscars nominees luncheon at the Beverly Hilton in Beverly Hills, Calif. on Monday, Feb. 13, 2023.
October 21, 2024

Bob Iger’s Successor Won’t Be Named Until 2026

Iger’s current contract expires at the end of 2026.
August 28, 2024

New York First: Yankees and MSG Go All In on Live Sports Streaming Pact

The YES Network and MSG Networks will offer their content in a combined streaming app.
August 28, 2024

ESPN’s Pitaro: RSN Turmoil An Opportunity to Expand Local Game Coverage

ESPN chairman Jimmy Pitaro highlights a fast-developing regional content strategy.