What is the difference value?

Devin Booker of Phoenix Suns (left), celebrates with Suns owner Robert Sarver on June 30, 2021.

Robert Sarver announces his intention to sell the Phoenix Suns and the Phoenix Mercury A certified report from the league which found that he was responsible for misogynistic and racist words and actions.

This sparked speculation about how much teams (mainly Suns) might make when a new buyer steps in.

The short answer: Whatever the next billionaire or millionaire is willing to pay. But the following factors can guide this buyer:

The Sun and Mercury can be equal to:

More than when Sarver bought a controlling stake in 2004. This is the default slam. The sale amount at the time was $401 million. Forbes recently valued the team at $1.8 billion.

Inflation alone has since pushed the value over $600 million, but other factors play a role as well. That includes the rapid growth of the billionaire class and the stature associated with owning professional sports teams when private jets, sports cars, and mansions don’t.

Suns, unlike Mercury, will account for the bulk of any sales price. Terms of WNBA transactions are not routinely disclosed. that The ESPN article said teams in the league are typically swapped with around $10-15 million. When MGM Resorts International, a public company, sold Las Vegas Aces last year, the company did not mention the sale price in its financial statements.

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