Suns Owner Robert Sarver Says He Has No Interest in Selling Team Despite Reports

Phoenix Suns owner Robert Sarver refuted rumors he's planning to sell the team. 

"There's zero accuracy to that story. Zero," Sarver said Thursday, per the Arizona Republic's Scott Bordow. "I have zero interest in selling."

The Washington Post's Tim Bontemps reported Tuesday that some inside the NBA believe Sarver is willing to sell the Suns.

Were he to sell the Suns, Sarver would make a healthy profit. He bought the team for $401 million in 2004, and Forbes valued the franchise at $1.1 billion in February.

Given the state of the team, fans in Phoenix may welcome the prospect of Sarver selling. Bontemps added that the NBA "would likely be quite happy if Sarver chose to move on, given the complete collapse of the franchise under his watch."

The Suns enjoyed success for a few seasons after Sarver purchased them. Head coach Mike D'Antoni and point guard Steve Nash helped revolutionize the NBA and reached the Western Conference Finals in 2005 and 2006.

However, since D'Antoni left to coach the New York Knicks in May 2008, the Suns have been listless and devoid of a long-term direction. They've reached the playoffs once in the last nine seasons and won just 47 combined games over the past two campaigns.

Already in 2017-18, Phoenix lost its season-opener by an NBA-record 48 points, fired head coach Earl Watson and sent home Eric Bledsoe, its best player, placing him on the trade block after he appeared to tweet his desire to play elsewhere.