Robert Sarver announces intention to sell Phoenix Suns, Mercury - The Arizona Republic
The majority owner of the Phoenix Suns and Phoenix Mercury is "seeking buyers" for the two franchises a week after he was suspended for one year from any activities involving both teams and fined $10 million for ''workplace misconduct and organizational deficiencies'' found during an NBA investigation. "As a man of faith, I believe in atonement and the path to forgiveness," Sarver said in a statement Wednesday.NBA Commissioner Adam Silver released a statement in reaction to Sarver's decision to sell the Suns and Mercury."I fully support the decision by Robert Sarver to sell the Phoenix Suns and Mercury," Silver said. "Words that I deeply regret now overshadow nearly two decades of building organizations that brought people together – and strengthened the Phoenix area – through the unifying power of professional men's and women's basketball," Sarver said in the statement. .PayPal announced in a statement it wouldn't renew its sponsorship with the Suns next season if Sarver remained involved with the team after the 2022-23 season.“For the better part of the last year, I have refused to allow Robert Sarver’s despicable behavior to be swept under the rug," said Sharpton in a statement Wednesday.Based on his statement, Sarver appears to have the power to choose who he wants to sell the Suns to as he owns about 35% of the franchise, but the NBA has a list of potential owners and ownership groups as well."In the meantime, I will continue to work on becoming a better person, and continuing to support the community in meaningful ways," Sarver concluded in the statement