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Report: 'Rumblings' that Suns owner Robert Sarver could be looking to sell team

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Posted at 3:34 PM, Nov 01, 2017
and last updated 2017-11-01 18:34:40-04

A growing number of impatient Phoenix Suns fans are calling for Phoenix Suns owner Robert Sarver to sell the team he purchased 13 years ago. In fact, one Suns fan has raised money to create multiple #SarverOut billboards in downtown Phoenix.

Well, according to one report, Suns fans who want Sarver to go could soon get their wish.

Tim Bontemps, a national NBA writer for the Washington Post, wrote Tuesday that Sarver could be the next NBA owner to sell his franchise.

"There are already rumblings around the league that Robert Sarver, who bought the team from Jerry Colangelo for $401 million in 2004, is looking to cash out," Bontemps wrote. "While the NBA would never publicly admit it, the league would likely be quite happy if Sarver chose to move on, given the complete collapse of the franchise under his watch."

Bontemps noted the Suns are worth far more than they were when Sarver bought the team, which could entice the real estate investor and University of Arizona alum to cash out.

"Given the recent sales of the Rockets and Nets, it wouldn’t be surprising to see Sarver get somewhere close to $2 billion for the team — five times what he initially paid, enough return on investment to make anyone think long and hard about moving on," he wrote.

The Sarver Era began strong in the Valley as the Suns made Western Conference Finals appearances in 2005, '06 and '10. But the Suns have failed to make the playoffs in each of their last seven seasons, the longest postseason drought in franchise history -- and after firing their coach and sending one of their top players home early in the 2017-18 season, many Suns fans have become fed up with the direction with the team.