Former Disney CEO Bob Iger Interested in Buying the NBA’s Phoenix Suns

Former CEO of the Walt Disney Company Bob Iger is reportedly interested in buying the Phoenix Suns.

The team’s current majority owner, Robert Sarver, is under investigation by the NBA for allegations of racism and misogyny creating a “toxic” environment. Sarver owns about 35% of the team, while Jahm Najafi is the top minority owner.

Iger stepped down as CEO last year and will leave his position as Chairman at the end of this year, with Susan Arnold replacing him.

The Phoenix Suns are worth approximately $1.8 billion. Sarver purchased the team in 2004 for $401 million.

Source: AZ Central