/cdn.vox-cdn.com/uploads/chorus_image/image/62708389/suns.1545233338.jpg)
See more
What will the Suns sell for?
The Suns are worth $1.92 billion, according to Sportico's numbers. That ranks 18th in the NBA and 64th among U.S. sports franchises. The team is expected to sell for more than $2 billion.
How much is Phoenix Mercury worth?
The value, WNBA edition: Commissioner Cathy Engelbert estimated the league's value at $1 billion in June, with the average team worth $43.75 million.
How much does the Phoenix Suns team cost?
The Phoenix Suns are worth a reported $1.92 million, according to a recent estimation in December 2021. However, a new report from Forbes estimates the team could go for as much as $2.5 billion.
Who would buy the Suns?
Other possible suitors from the tech world are Amazon founder Jeff Bezos and Laurene Powell Jobs. Jobs, the widow of Apple co-founder Steve Jobs, is a minority owner of the NBA's Washington Wizards and was one of several outside investors in a $75 million round of capital funding for the WNBA earlier this year.
What is Adam Silver's yearly salary?
$10 millionSilver reportedly earns an annual salary of $10 million, making him the third-highest paid commissioner in the four major North American sports behind the NFL's Roger Goodell ($63.9 million) and MLB's Rob Manfred ($17.5 million).
How much would it cost to buy the Suns?
In 2021, Forbes reported that the Suns franchise was worth $1.8 billion. Robert Sarver, 60, who owns approximately 30% of the Suns, led a group that purchased the franchise for $401 million in 2004.
Which NBA team is worth the most?
Here's a look at what each NBA franchise is worth from least to greatest, according to Sportico's total valuations up to December 2021:Chicago Bulls - $3.53 billion. ... Brooklyn Nets - $3.61 billion. ... Los Angeles Lakers - $5.63 billion. ... Golden State Warriors - $6.03 billion. ... New York Knicks - $6.12 billion.More items...•
Why is the Phoenix Suns for sale?
Sarver, the majority owner of both the Suns and Mercury, announced Sept. 21 that he was seeking buyers for both franchises. That came in the wake of an NBA investigation into allegations of misconduct by Sarver, who had been suspended one year and fined $10 million.
How much is the Lakers franchise worth?
Los Angeles Lakers franchise value from 2003 to 2021 (in million U.S. dollars)CharacteristicFranchise value in million U.S. dollars20204,40020193,70020183,30020173,0009 more rows•Feb 23, 2022
What team is LeBron James trying to buy?
LeBron James and his business partner Maverick Carter are among the newest owners of a pro pickleball team. LEILA FADEL, HOST: Good morning.
What NBA teams are selling?
As Robert Sarver prepares to sell the NBA's Phoenix Suns and the WNBA's Phoenix Mercury, investment bank officials who have managed the sales of professional sports franchises told ESPN that they expect the transaction's final price to set a record.
Who owns the majority of the Phoenix Suns?
Robert SarverRobert SarverEducationUniversity of ArizonaOccupationReal estate developer, ownerKnown forPhoenix Suns, Phoenix Mercury, RCD Mallorca Co–owner, Southwest Value PartnersSpousePenny Sanders2 more rows
How much is a Mercury game?
How much are Phoenix Mercury tickets? The average entry-level price for Phoenix Mercury tickets is around $18.
Who are the Phoenix Mercury?
Sophie Cunningh...GuardSkylar Diggins‑S...GuardBrittney GrinerCenterDiana TaurasiGuardMegan GustafsonCenterKia NurseGuardPhoenix Mercury/Players
How much is each WNBA team worth?
She told The Athletic that the value of the WNBA's 12 individual teams plus the league itself is worth over $1 billion. Though that method of valuation is unusual in comparison to how other professional sports leagues conduct their valuations, it also places the average value of a WNBA team at more than $43.75 million.
Where did Robert Sarver get his money?
In 1995, he acquired Grossmont Bank, one of San Diego's largest community banks. Grossmont was also sold to Zions Bancorporation in 1997. In 1998, Sarver led Zions Bancorporation's acquisition of Sumitomo Bank of California. In 2003, he became chairman of Western Alliance Bancorporation based in Phoenix.
Who is the X factor for the Phoenix Suns?
The Phoenix Suns have seen their offense become hit a rut during the Western Conference Finals against the Los Angeles Clippers. Cameron Johnson is the one constant who could become their x-factor.
What is net of arena revenues used for?
Net of arena revenues used for debt payments.
