Report: Cardinals legend Larry Fitzgerald purchases minority stake in Suns
Arizona Cardinals wide receiver Larry Fitzgerald has purchased a minority stake in the Phoenix Suns, becoming the second active NFL player with an NBA ownership share, according to ESPN’s Adrian Wojnarowski and Adam Schefter.
Fitzgerald’s move comes after the Suns seem to have turned over a new leaf, rising from the bottom of the Western Conference to a more competent level. The limited partnership with the NBA franchise has been in the works for months thanks to strong relationship with Suns majority owner Robert Sarver.
The 36-year-old wideout had already taken on a significant role with the Suns as an ambassador, and his presence had been more than merely ceremonial.
Fitzgerald has been present in front office candidate interviews, coaching hires, and even the voting for a potential new arena, but he won’t take a more active role with the franchise until his playing days at the NFL level are over, according to the report.
The 6-foot-3 receiver has been a Suns season ticket holder since 2005. Fitzgerald has done a lot of good in the Phoenix area for a large part of his career and is expected to bring an additional level of credibility to Sarver and the Suns.
Larry Fitzgerald, who is second all-time in NFL receiving yards, is considered the greatest player in Cardinals history, smashing every major offensive receiving record in the franchise’s history. He has been voted All-Pro in 11 of his 16 pro seasons and was honored as the NFL’s 2016 Walter Payton Man of the Year.