THE STORY
In September 2022, NBA owner Robert Sarver was suspended for one year and fined $10 million following an independent investigation into workplace misconduct within the Phoenix Suns organization. Amidst public backlash, Sarver agreed to sell the Suns and the WNBA's Phoenix Mercury to Mat Ishbia for $4 billion, with the sale finalized on February 7, 2023.
TEAMS / PEOPLE:
NBA teams and players
WHY IT MATTERS
This event marked a significant shift in NBA ownership, highlighting the league's commitment to addressing workplace misconduct and setting a precedent for future actions against such behavior.