PayPal has an ultimatum for the Phoenix Suns and Robert Sarver ... either their disgraced owner resigns, or one of the biggest companies in the world pulls the plug on a lucrative sponsorship deal.
CEO/President of PayPal, Dan Schulman, released a strongly worded statement Friday morning ... and he didn't mince words.
"PayPal is a values-driven company and has a strong record of combatting racism, sexism and all forms of discrimination. We have reviewed the report of the NBA league's independent investigation into Phoenix Suns owner Robert Sarver and have found his conduct unacceptable and in conflict with our values.