The Phoenix Suns and Mercury are officially for sale.
. But the sales price promises to exceed that number in a competitive sales market with deep-pocketed bidders. Will it approach $3 billion?amid a longterm pattern of racist behavior, is likened as a parallel to Sarver. His wife Shelly Sterling oversaw the sale of the Clippers to Steve Ballmer for $2 billion. That was in 2014. Prices have gone up.Joe Tsai reset the market in 2019
with a $2.35 billion purchase of the majority stake of the Brooklyn Nets and Barclays Center from Mikhail Prokhorov. That was for the remaining 51% of the team that he didn't already own, placing the full purchase price of the NetsBut that was for a New York team. Smaller-market teams have since sold for less than $2 billion. The Utah
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeff Bezos, Bob Iger Among Potential Buyers for Suns, per ReportJeff Bezos and Bob Iger are reportedly among those expected to be in the running to become the next owner of the Suns
Read more »
Robert Sarver Announces He Will Sell Suns, MercuryRobert Sarver Announces He Will Sell Suns, Mercury - RealGM Wiretap
Read more »
Draymond torches NBA handling of Sarver scandal: 'Bulls—t'Green had a lot to say about the NBA's handling of Phoenix Suns owner Robert Sarver.
Read more »
Robert Sarver has started process to sell Phoenix Suns, Phoenix MercuryBREAKING: Phoenix Suns and Mercury owner Robert Sarver says he has started looking for buyers for both teams following his suspension. abc15
Read more »
Phoenix Suns and Mercury Owner Robert Sarver Starts Process to Sell Teams After Damning Harassment ReportThe NBA had suspended Phoenix Suns and Mercury owner Robert Sarver for using racist and sexist language and harassing employees in the workplace.
Read more »