Suns and Mercury owner Robert Sarver said Wednesday he has begun the process of selling both teams.
The news comes after the NBA announced the team owner will be suspended one year and was dealt a $10 million fine stemming from an investigation into workplace misconduct.
“It has become painfully clear that that is no longer possible—that whatever good I have done, or could still do, is outweighed by things I have said in the past. For those reasons, I am beginning the process of seeking buyers for the Suns and Mercury,” Sarver said, in part, in his written statement.