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Robert Sarver announces intention to sell Phoenix Suns, Mercury - The Arizona Republic

Robert Sarver announces intention to sell Phoenix Suns, Mercury - The Arizona Republic

Sep 22, 2022 1 min, 22 secs

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

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