Prospective Suns Owners

Discussion of the league and of our favorite team.
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Indy
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Re: Prospective Suns Owners

Post by Indy »

TOO wrote:
Thu Sep 22, 2022 2:17 pm
Shabazz wrote:
Thu Sep 22, 2022 1:35 pm
TOO wrote:
Thu Sep 22, 2022 1:33 pm
Shabazz wrote:
Thu Sep 22, 2022 11:44 am
TOO wrote:
Thu Sep 22, 2022 11:22 am


As a Premier league fan saudi money is very much spend and stay outta everyone's way. It's not that bad. Definitely expect results though.
I'd prefer to stay away from Saudi money. Their "skeletons" are a notch or two above berating employees.
So long as they don't mettle in decisions and aren't just outrageous blatant asshats I don't really care about where the money comes from. Just wanna win.
You were ready to walk because Sarver created a hostile work environment but don't care if your owners fund terrorism, oppress/behead women and murder journalists?
Not everyone in SA does that lol.
The billionaires do.

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TOO
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Re: Prospective Suns Owners

Post by TOO »

Indy wrote:
Thu Sep 22, 2022 2:18 pm
TOO wrote:
Thu Sep 22, 2022 2:17 pm
Shabazz wrote:
Thu Sep 22, 2022 1:35 pm
TOO wrote:
Thu Sep 22, 2022 1:33 pm
Shabazz wrote:
Thu Sep 22, 2022 11:44 am


I'd prefer to stay away from Saudi money. Their "skeletons" are a notch or two above berating employees.
So long as they don't mettle in decisions and aren't just outrageous blatant asshats I don't really care about where the money comes from. Just wanna win.
You were ready to walk because Sarver created a hostile work environment but don't care if your owners fund terrorism, oppress/behead women and murder journalists?
Not everyone in SA does that lol.
The billionaires do.
Welp. Then I'd rather not have that as an owner, ho hum.

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Superbone
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Re: Prospective Suns Owners

Post by Superbone »

JeremyG wrote:
Thu Sep 22, 2022 2:02 pm


So...who's ready to go from Sarver to Trump?
That would be the one thing that would make me leave 47 years of Phoenix Suns fandom behind.
"It should burn. It'll probably burn forever. But last season is done." - James Jones

"I don't think I've ever been that angry shooting a basketball." - Cam Johnson

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Flagrant Fowl
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Re: Prospective Suns Owners

Post by Flagrant Fowl »

I don't think the NBA would ever approve of a foreign sovereign wealth fund running a franchise.

I'd honestly be surprised if they ever approve of someone like Mikhail Prokhorov again and he's merely an oligarch.
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Superbone
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Re: Prospective Suns Owners

Post by Superbone »

I think Bob Iger would my choice out of the proposed new owners thus far.
"It should burn. It'll probably burn forever. But last season is done." - James Jones

"I don't think I've ever been that angry shooting a basketball." - Cam Johnson

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Superbone
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Re: Prospective Suns Owners

Post by Superbone »

"It should burn. It'll probably burn forever. But last season is done." - James Jones

"I don't think I've ever been that angry shooting a basketball." - Cam Johnson

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The Bobster
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Re: Prospective Suns Owners

Post by The Bobster »

Superbone wrote:
Thu Sep 22, 2022 5:45 pm
I think Bob Iger would my choice out of the proposed new owners thus far.
It would have to be a situation where he assembles a partnership that names him managing partner - he doesn't have the money himself to acquire majority interest.

That said, we've seen that twice before with both Colangelo and Sarver.
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Split T
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Re: Prospective Suns Owners

Post by Split T »

For what it’s worth, Bill Simmons called the suns one of the top 8 franchises to own in the nba and thinks they go for 4-5 billion.

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Flagrant Fowl
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Re: Prospective Suns Owners

Post by Flagrant Fowl »

Is it possible for current minority owners to be a part of the next ownership group?
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specialsauce
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Re: Prospective Suns Owners

Post by specialsauce »

Jeff Bezos it up.

I just want someone willing to spend a ton and get out of the way.

I don’t want someone with a small wallet. Iger isn’t even a billionaire. Pass.

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Split T
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Re: Prospective Suns Owners

Post by Split T »

Flagrant Fowl wrote:
Thu Sep 22, 2022 7:01 pm
Is it possible for current minority owners to be a part of the next ownership group?
They have to sell their minority stake, but yes. That’s what Joe Lacob did.

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Flagrant Fowl
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Re: Prospective Suns Owners

Post by Flagrant Fowl »

Split T wrote:
Thu Sep 22, 2022 7:29 pm
Flagrant Fowl wrote:
Thu Sep 22, 2022 7:01 pm
Is it possible for current minority owners to be a part of the next ownership group?
They have to sell their minority stake, but yes. That’s what Joe Lacob did.
Interesting. I assumed it's possible but my dumbass can't foresee how that would work as it seems they'd just be buying/selling from themselves.
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specialsauce
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Re: Prospective Suns Owners

Post by specialsauce »

I don’t want Najafi. The Suns have been cheap as hell and he’s been a part of the ownership, so why would he suddenly change?

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Split T
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Re: Prospective Suns Owners

Post by Split T »

As a minority owner I’m not sure he had a ton of say. He’s worth significantly more than Sarver

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Flagrant Fowl
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Re: Prospective Suns Owners

Post by Flagrant Fowl »

specialsauce wrote:
Thu Sep 22, 2022 7:53 pm
I don’t want Najafi. The Suns have been cheap as hell and he’s been a part of the ownership, so why would he suddenly change?
Yeah that's been my guess at reading between the lines on his statement about not wanting to be the managing partner. He's not into putting that much of his cash into the franchise.
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The Bobster
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Re: Prospective Suns Owners

Post by The Bobster »

Flagrant Fowl wrote:
Thu Sep 22, 2022 7:01 pm
Is it possible for current minority owners to be a part of the next ownership group?
Suns' minority owners? Very easily. If Sarver's share is the only share sold they could all stay.

They could also organize their own group to buy out their partners and become managing partner or majority owner. Or even stay a minority owner.
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Superbone
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Re: Prospective Suns Owners

Post by Superbone »

JeremyG wrote:
Wed Sep 21, 2022 6:36 pm
The Bobster wrote:
Wed Sep 21, 2022 2:55 pm
I thought there should be a thread listing the individuals who are considered likely candidates to be interested in bidding on the team -

Jeff Bezos, 58, Seattle - Amazon/President & CEO - $148.1 billion net worth
Larry Ellison, 78, Hawaii - Oracle Corporation/CEO - $97.3 billion net worth
Phil Knight, 84, Portland - Nike/Chairman emeritus - $41.9 billion net worth
MacKenzie Scott, 52, Seattle - MacKenzie Scott Foundation/philanthropist - $36.8 billion net worth
Laurene Powell-Jobs, 58, Malibu - Emerson Collective/Chair - $12.6 billion net worth
Jahm Najafi, 59, Phoenix - Najafi Companies/CEO - $3.5 billion net worth
Bob Iger, 71, Los Angeles - Disney/former CEO - $690 million net worth
Jerry Colangelo, 82, Phoenix - Former Suns owner - $320 million net worth

:P :P
Nope. He had his shot. And then he stuck us with Sarver. And I won’t get into his political leanings here.
"It should burn. It'll probably burn forever. But last season is done." - James Jones

"I don't think I've ever been that angry shooting a basketball." - Cam Johnson

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Superbone
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Re: Prospective Suns Owners

Post by Superbone »

Shabazz wrote:
Wed Sep 21, 2022 8:11 pm
Superbone wrote:
Wed Sep 21, 2022 6:12 pm
Shabazz wrote:
Wed Sep 21, 2022 3:01 pm
I too am interested in purchasing the team.
May I join your group?
Someone’s gotta be the money man.
OK, I’m in for $100,000. Now we just need approximately 27,499 more investors at that amount.
"It should burn. It'll probably burn forever. But last season is done." - James Jones

"I don't think I've ever been that angry shooting a basketball." - Cam Johnson

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Mori Chu
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Re: Prospective Suns Owners

Post by Mori Chu »

Maybe we can raise some money by trading away our starting center plus two 1st-round draft picks for cash.

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Superbone
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Re: Prospective Suns Owners

Post by Superbone »


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"It should burn. It'll probably burn forever. But last season is done." - James Jones

"I don't think I've ever been that angry shooting a basketball." - Cam Johnson

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