The owner of the NBA's Phoenix Suns and the WNBA's Phoenix Mercury said Wednesday that his ownership of the teams was "no longer possible" after an NBA investigation found he used racist language.
The Phoenix Suns and Mercury will play the second game of the 2021.
Even though he initially planned to use the suspension to focus, make amends and remove my personal controversy from the teams, he realized that whatever good he has done, or could still do, is not worth it.
The best course of action for everyone is to sell the team.
He said he was starting the process of finding buyers for the Suns and Mercury.
The NBA's 18th most valuable team is the Phoenix Suns. The franchise was purchased for $400 million.
An NBA investigation found that he used the N-word at least three times and made sexually charged comments to and about women. The investigation was launched after a report was published detailing the allegations. His punishment, which required him to stay away from both teams operations for a year but didn't require him to sell either of them, was slammed by players and officials, while the Suns' vice chairman was the team's second- largest. If the Suns were not sold, the company would not be renewing its sponsorship agreement. NBA teams are paid between $5 million and $20 million a season by jersey patch sponsors.
If Robert Sarver keeps the team, it won't work with PayPal.
This isn't right, according to NBA figures.
The owner of the Phoenix Suns was fined $10 million for using racist language.
The owner of the Phoenix Suns welcomes the league's investigation.
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