PayPal stated that the company would not fund the Phoenix Suns if owner Robert Sarver remained at the helm.

As is known, Mr. Robert Sarver received a heavy punishment from the NBA for insulting his subordinates. Besides, there are lewd, deviant and racist acts and words during the 18 years of being the owner of Suns.

He had to pay a fine of 10 million USD and was inactive for 1 year. This time, Robert Sarver will attend a course teaching “how to respect others” from the NBA, and must hand over the control of the Suns.

But the problem is that after the end of the penalty, Mr. Robert Sarver still returned to power at Suns because he was the main shareholder of the team. This made the biggest sponsor PayPal unhappy. They claim that only when Sarver leaves the chair will they continue to accompany the team. PayPal CEO Dan Schulman even told ESPN that the players wanted “Sarver banned for life.” “Sarver’s actions are unacceptable and contradict our values,” Schulman said. “According to the results of the NBA’s investigation, we will not renew our sponsorship if Robert Sarver continues to participate in the operation of the Suns after serving his sentence.”

The current contract between PayPal and the Phoenix Suns will end after the 2022/23 season. The bond between the two parties had been proposed to be extended before, but after Sarver’s incident, they had to think again.

If things are not resolved, the Suns will cost tens of millions of dollars a year, a huge amount that will help them pay the salaries of big stars like Chris Paul or Devin Booker. Therefore, a team with a small revenue compared to the common ground of the NBA like the Suns will face a difficult problem in this case because not only PayPal, many major sponsors are also not satisfied when Sarver is losing money. their pictures.

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