Bezos, Iger, Ellison among suspected Phoenix Suns buyers - Phoenix Business Journal

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Sarver owns a 30% share of the Suns. phoenix

Iger served as CEO of Disney from 2005-2020 and will step away from the company at the end of the year. According toOddsShark has the odds in Iger's favor of being the next buyer,has long sought to buy an NBA franchise. CBS Newsthat in the past, Ellison attempted to purchase the New Orleans Pelicans, Golden State Warriors, and Memphis Grizzles. Although he was outbid each time, Ellison has the financial means to buy the Suns on his own with a net worth of $94 billion, according to Forbes.

Other possible suitors who have been floated in the rumor mill include Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs and minority owner of the Washington Wizards. Earlier this year, the reported that Jobs invested in the WNBA’s bid for higher salaries and better benefits and was one of several outside investors in a $75 million round of capital funding for the WNBA." list, higher-market teams have sold for $2 billion to $3 billion in recent years while smaller-market teams have sold for under $2 billion. Out of 30 NBA teams, the Suns are ranked No. 18. Regardless, in recent years the Suns and Mercury have been putting an entertaining product on the court.

In the past three seasons, the Suns have gone 149-78, including a 64-win season last year. They had one finals appearance in 2021, losing to the Milwaukee Bucks. The Mercury also had a championship run in 2021, losing to the Chicago Sky in the 2021 WNBA Finals.said Sarver is still the managing partner and will likely decide who wins the bidding war. Judging by the list of names interested in the sale, the bids will certainly be on the high side.

 

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