Is Robert Sarver prepping to sell the Suns?
By Adam Maynes
Clue Number Five: Sale Price vs Purchase Price
The value of the Phoenix Suns is well over $1B, a handsome price for a franchise he purchased for nearly 1/3 that amount.
Sarver is a banker and has a banker’s mind. Whether or not he truly has a competitive spirit the way we would all want an owner to have and thinks that winning is the end-all-be-all when owning a franchise, is entirely up in the air.
However, what he does know is that the Los Angeles Clippers were valued at well below what they were finally sold for, and there is probably no doubt in his mind that he could flip the Suns for above the approx. $1.1B that Forbes says they are worth.
Could Sarver be quietly seeking offers of around $1.5B for the Suns, hoping to quadruple his original purchase price? It might be difficult to come by at first, but as investors start to pool money, that number can be reached. If that would be his selling point, if he does not intend on holding onto the Suns for the rest of his life, then he probably has a number in mind that if someone came to him with, he might jump at and accept.
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Like I said in my opening, this could all be me putting random puzzle pieces together that by chance fit, but by no means create a clear picture. Sarver may have zero interest in selling the Suns and reject any calls from potential buyers who reach out to him.
However, there are too many things that at this very moment would make one think that there was a possibility. Is there any chance that these could be the very clues that lead to the ultimate proclamation that Robert Sarver is preparing to sell the Phoenix Suns?