What did Sarver get suspended for?
What did Sarver get suspended for?
In an independent investigation, the NBA concluded Sarver, repeatedly used the N-word when retelling the statements of others, made many sex-related comments in the workplace, commented on the physical appearance of female employees, and engaged in demeaning and harsh treatment of employees.
How much did Sarver buy the Suns for?
Sarver bought the team in a $401 million deal back in 2004. His stake was 30% at the time of purchase, so he will likely clear at least $500 million on the Suns sale.
What did Sarver say?
Former employees and coaches accused Sarver of saying the N-word, repeatedly, even after he was implored to stop. They said he talked about condoms in business meetings, pulled down the pants of an employee during an ice-bucket challenge, and passed around pictures of his wife in a bikini.
How did Robert Sarver make his money?
Real Estate Fortune Robert Sarver co-founded Southwest Value Partners with Millard Seldin in 1990, and in 1995 the company purchased the Emerald Plaza in San Diego. In 2004, Southwest Value Partners sold the Emerald Plaza and two San Diego office buildings to real estate firm Triple Net Properties for $274.5 million.
Why was Sarver fired?
The investigation found that Sarver repeated the N-word on at least five occasions. He also made sex-related comments and inappropriate appearance-related comments to and about female employees.
What happens to Robert Sarver?
The NBA suspended Sarver, also majority owner of the WNBA’s Phoenix Mercury, for one year from any activities involving both teams and fined him $10 million for ”workplace misconduct and organizational deficiencies” found in the investigation.
