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Cardinals' Larry Fitzgerald Purchases Minority Ownership Stake in Phoenix Suns

Scott Polacek@@ScottPolacekFeatured ColumnistJanuary 22, 2020

Arizona Cardinals wide receiver Larry Fitzgerald leaves the field after their loss against the Los Angeles Rams in an NFL football game Sunday, Dec. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)
Mark J. Terrill/Associated Press

Larry Fitzgerald is already an Arizona sports legend, and he will look to bring some success to another franchise.  

The Arizona Cardinals wide receiver purchased a minority stake in the Phoenix Suns. ESPN's Adam Schefter and Adrian Wojnarowski first reported the transaction.

Phoenix Suns @Suns

One of the greatest to ever do it has invested in your Suns. Welcome to the team, @LarryFitzgerald. https://t.co/tGGnDKObRh

Fitzgerald tweeted his excitement about the move:

Larry Fitzgerald @LarryFitzgerald

It's an honor to have the opportunity to invest in the @Suns, a historic franchise with a very bright future. I'm blessed to call the PHX community and the state of Arizona my home and I'm excited to make a long-term commitment as an owner, but more importantly as a fan! #Suns https://t.co/2OjmE830mQ

The move makes him the second active NFL player to have an NBA ownership share after Green Bay Packers quarterback Aaron Rodgers, who bought a stake in the Milwaukee Bucks in April 2018.

This has apparently been in the works for some time for Fitzgerald, who has been a season-ticket holder for the team since 2005.

Schefter and Wojnarowski noted the 36-year-old enjoys "a strong relationship with Suns managing partner Robert Sarver" and even sat in on interviews for front-office candidates in the past. While he will not be particularly active with the Suns until he retires from the NFL, he will be "more than ceremonial" in his role.

The Minnesota native has been a Cardinal since the team selected him with the No. 3 overall pick in the 2004 NFL draft. The Pitt product is an 11-time Pro Bowler and was named the 2016 Walter Payton Man of the Year.

Phoenix hasn't been to the NBA playoffs since the 2009-10 campaign, although there are some promising young players in place with Devin Booker, Deandre Ayton and Kelly Oubre Jr.

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