Larry Fitzgerald has ownership stake in NBA’s Suns

Arizona Cardinals receiver Larry Fitzgerald is an franchise icon. He now is getting involved with another team in town. According to ESPN’s Adam Schefter and Adrian Wojnarowski, Fitzgerald has an ownership stake in the Phoenix Suns.

Reporting with @wojespn: Arizona Cardinals’ WR Larry Fitzgerald has purchased a minority stake in the Phoenix Suns, becoming the second active NFL player with an NBA ownership share, league sources tell ESPN. Green Bay’s Aaron Rodgers has a stake in the Milwaukee Bucks.

— Adam Schefter (@AdamSchefter) January 22, 2020

He becomes the second NFL active player to have an ownership stake in an NBA team. Green Bay Packers quarterback Aaron Rodgers has a stake in the Milwaukee Bucks.

Fitzgerald is close with Suns owner Robert Sarver.

“It’s an investment in something I have supported since I’ve been in Arizona,” he told NFL.com by phone, according to Jim Trotter. “It gives me another connection in the community I love and always will live in. It’s a long-term commitment I wanted to make for life after football.”

Sarver apparently first offered Fitzgerald the opportunity two years ago when he first began to contemplate retirement.

Fitzgerald’s role for now will be in an advisory capacity. Once he retires from the NFL, it could develop into something more.

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