Robert Sarver will sell both the Phoenix Suns and Phoenix Mercury after an NBA investigation found he used the n-word multiple times during his tenure as an owner in the leagues.
The NBA investigation also found that Sarver made inappropriate comments toward women and failed to treat his employees fairly or equally.
Commissioner Adam Silver, who fined him $10 million and suspended him for a year for the offence, had insisted the punishment was severe enough.
Sarver, however, announced on Wednesday morning September 21 that he was “beginning the process of finding buyers for the Suns and Mercurys”, just after fans and several star players including LeBron James, Chris Paul and Draymond Green claimed more severe penalties.
He said in the statement;
“Words that I deeply regret now overshadow nearly two decades of building organizations that have brought people together – and strengthened the Phoenix area – through the unifying power of men’s and women’s professional basketball.
“But in our current unforgiving climate, it has become painfully clear that this is no longer possible – that whatever good I have done, or could still do, is outweighed by things I have said in the past.
“I don’t want to be a distraction to these two teams and the great people who work so hard to bring the joy and excitement of basketball to fans around the world.
“I want what’s best for these two organizations, the players, the employees, then the fans, the community, my co-owners, the NBA and the WNBA. This is the best course of action for everyone. .
“In the meantime, I will continue to work to become a better person and continue to support the community in meaningful ways. Thank you for continuing to cheer on the suns and the mercury, embracing the power that sport has to bring us together.”