As the Robert Sarver prepares to sell both the Phoenix Suns and Phoenix Mercury (of the WNBA), a list of names have emerged as potential suitors for desert franchise. Among those names include Larry Ellison, Bob Iger, Elon Musk, and Jeff Bezos.
According to reports, the Suns franchise is worth an estimated $1.8 billion as of October 2021 ranking No. 18 among the 30 NBA franchises.. However, nearly a year later, the franchise could be sold for more depending on the bidding war buyers engage in. ESPN's Romana Shelbourne noted that Sarver has the option to sell his franchises to whomever he chooses, meaning it's not up to the league to determine who the next owner is.
Per Bleacher Report, "The upcoming sale will mark the third time an NBA team has been sold this decade. The Utah Jazz sold for $1.66 billion in 2020, and the Minnesota Timberwolves and Lynx sold for $1.5 billion in 2021."
Source: Usatoday.com
