robert sarver has put up for sale its portion of the phoenix suns and among the many millionaires interested in acquiring the NBA franchise are Jeff Bezosowner of Amazon, and Shaquille O’Nealformer basketball player.
‘The Big Cactus’, as O’Neal is also known, declared a few days ago for TMZ Sports that is willing to join the owner of Amazon to buy the Suns because, despite his fortune, he couldn’t buy it by himself.
“If he wants me with him, I would happily talk to him, but about trying to buy the team myself and compete with him. Let me tell you something, I’m scared of Big Man JB. Shaq O’Neal is scared of Big Man JB”, declared O’Neal for TMZ.
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record sale
The Suns, and the Phoenix Mercury, are for sale after Sarver, majority owner of the teams, was suspended for a year for racism and misogyny.
ESPN interviewed the heads of the banks that have managed other sales of American sports franchises and they assured him that It will be the highest price in history for an NBA team.
The highest transaction was that of Brooklyn Netsa team for which Joe Tsai paid 2.35 billion dollars in 2019. Two years earlier, in 2017, the Houston Rockets They were acquired by TIlman Fertitta after paying 2.2 billion. Steve Ballmer, founder of Microsoft, bought the Los Angeles Clippers for two million in 2014.
The still owner chose the bank Moelis & Company to manage the transaction. ANDhis financial entity was the one that advised Todd Boehly and Clearlake Capital to buy Chelsea Football Club for 5.3 billion dollars.