PayPal Says It Will Not Continue Its Sponsorship If Phoenix Suns Owner Robert Sarver Returns After Ban
Baxter Holmes, ESPN, September 16, 2022
PayPal, the jersey patch partner of the Phoenix Suns, said Friday it would not be renewing its sponsorship with the team should majority owner Robert Sarver continue in his role following his one-year suspension for racist and misogynist remarks.
“PayPal is a values-driven company and has a strong record of combatting racism, sexism and all forms of discrimination,” PayPal CEO and president Dan Schulman said in a statement. “We have reviewed the report of the NBA league’s independent investigation into Phoenix Suns owner Robert Sarver and have found his conduct unacceptable and in conflict with our values.
The league said the investigation found that during his time with the Suns and Mercury, Sarver used the N-word at least five times “when recounting the statements of others.”