Report: Arizona Cardinals wide receiver Larry Fitzgerald buys share of Phoenix Suns

Larry Fitzgerald
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Arizona Cardinals wide receiver Larry Fitzgerald sat in on the Phoenix Suns’ basketball-executive interviews last year.

Now, he’ll have a more formal role within the organization.

Adrian Wojnarowski of ESPN:

Green Bay Packers quarterback Aaron Rodgers bought a share of the Bucks in 2018.

The NBA reportedly mandates that all new minority owners buy at least a 1% share. Forbes’ last estimate valued the Suns at $1.5 billion. That’d put Fitzgerald’s minimum buy-in at $15 million.

I wouldn’t be surprised if he got in cheaper, though. Widely panned Suns owner Robert Sarver can boost his image by aligning himself with the well-liked football player. Having a local sports hero involved can also help with things like getting taxpayers to fund arena upgrades.