When The NBA suspended Robert Sarver Last week’s one-year, $10 million fine over the league’s investigation that he used racist language, demeaned women, demeaned employees and created a hostile work environment for women while overseeing an organization should have been a low point. Owner of Phoenix the sun And Mercury. To prevent the severity of the penalty, NBA Commissioner Adam Silver said the damage done to Server’s reputation is an additional achievement that is hard to measure, saying, “There’s a huge public issue surrounding this guy right now.
While that may be true, the ban and the fallout from the character could make Sarver nearly $1 billion richer.
Sarver announced Wednesday He intends to sell both teams Coda would eventually lead both organizations for 18 years. The group’s market share includes high expectations that Suns and Mercury could sell for more than $3 billion, with Sarver, the controlling owner of both firms, making the most of the sale.
Sarver said in a statement: “In our current unforgiving climate, it has become painfully clear that that is no longer possible – any good I have done or can do will outweigh anything I have said in the past.” Announcing the intention to sell.