PayPal prepares to end Suns sponsorship unless Robert Sarver steps down

Following Robert Sarver’s suspension following an NBA investigation into his conduct as owner of sunsThe team is at risk of losing sponsorship dollars. PayPal, which has one year left on a deal as Phoenix’s Phoenix shirt patch sponsor, has announced that it will not renew the agreement if Sarver remains the owner.

“PayPal is a values-driven company with a strong track record of fighting racism, sexism and all kinds of discrimination,” the company said in a statement. “We have reviewed the NBA’s independent investigation report into Phoenix Suns owner Robert Sarver and found his behavior to be unacceptable and contrary to our values. PayPal’s sponsorship of the Suns is set to expire at the end of the current season.

“In light of the results of the NBA investigation, we will not renew our sponsorship if Robert Sarver remains involved with the Suns, after serving his investigation.”

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