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The governor of the Phoenix Suns stated in a statement that he will begin the process of selling the team.
"As a man of faith, I believe in atonement and the path to forgiveness. I expected that the commissioner's 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 our current unforgiving climate, it has become painfully clear that that is no longer possible – that whatever good I have done, or could still do, is outweighed by things I have said in the past. For those reasons, I am beginning the process of seeking buyers for the Suns and Mercury."
An investigation by the NBA found that he had engaged in conduct that violated common workplace standards, including using a racial slur multiple times.
During his 17 years with the Suns, he was accused of racism and sexism.
Adam Silver said the punishments from the league were justified.
The NBPA executive director wants the NBA to ban Sarver for life and the minority owner of the Suns wants him to resign.
If there isn't a change in leadership, the Suns' sponsorship agreement will not be renewed byPayPal.
The Suns and Mercury have been up for sale for a long time.
The 18th-most valuable team in the NBA is the Suns.
Adrian Wojnarowski commented on the value of the team.
Adrian Wojnarowski @wojespnThe Suns are considered an extremely desirable franchise in the marketplace and will have no shortage of high-level ownership candidates. As a warm weather destination in West, league executives always believed this could be a monster free agent destination with right ownership.
The Phoenix Suns finished with an NBA best 64-18 record last season and should be considered a top contender for an NBA title in 2022-23.
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