Robert Sarver has announced his intention to sell the Suns and the NBA’s Phoenix Mercury, but it’s not likely to be a fast process, tweets Ramona Shelburne of ESPN. Sources tell Shelburne that it could take months to go through the process of getting a new ownership group in place. Sarver has been suspended for a full year, so vice chairman and minority owner Sam Garvin will continue to run the team until a sale is complete.
Although Sarver only owns about one-third of the franchise, he has the authority to sell the team because of his role as managing partner, sources tell Baxter Holmes of ESPN. Sarver, who has owned the Suns since 2004, is expected to profit significantly from the sale, with the potential price possibly topping $2B.
Appearing on NBA Today, Holmes relayed a statement from one Suns staff member that read, “To be honest it just felt like justice! Like we can finally heal and know we won’t be working under that type of leadership. I swear there will be tears when senior executives are held accountable!”
There’s more from the Pacific Division:
- Commissioner Adam Silver and NBPA president C.J. McCollum have both endorsed Sarver’s choice. “I fully support the decision by Robert Sarver to sell the Phoenix Suns and Mercury,” Silver tweeted shortly after Sarver’s announcement. “This is the right next step for the organization and community.” McCollum echoed those thoughts in his statement, writing, “We thank Mr. Sarver for making a swift decision that was in the best interest of our sports community.”
- The Lakers‘ trade talks with the Pacers continued this week, but they’re not willing to meet Indiana’s demand of two unprotected first-round picks, sources tell Shams Charania of The Athletic. The Pacers have been seen as a possible destination for Russell Westbrook, with L.A. hoping to land Myles Turner and Buddy Hield in return. The Lakers only have two first-rounders that they can offer — in 2027 and 2029 — and Charania expects the team to be cautious about moving them. He points out that L.A. has a “long runway” with Westbrook and can wait to see how the season plays out rather than rushing into a deal. Pacers general manager Chad Buchanan said earlier Wednesday that he expects Turner to be with the team when the season begins.
- Kings general manager Monte McNair has constructed this year’s roster around two players on their second NBA contracts, De’Aaron Fox and Domantas Sabonis, notes James Ham of Kings Beat. Ham says it’s a welcome change from continually trying to build the franchise around young prospects.
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