December 18, 2024 2:03 pm
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How Suns secured arena deal

Phoenix Suns President and CEO Jason Rowley has worked with city officials to spread information about the deal to renovate Talking Stick Resort Arena. / By Jim Poulin / Phoenix Business Journal

 

Disclosure: Rose Law Group represents the Phoenix Suns

By Brandon Brown | Phoenix Business Journal

As the old saying goes, “It’s not about what you know, it’s about who you know.” No one understands that better today than Phoenix Suns owner Robert Sarver.

Despite having a basketball team that has played miserably for years, Sarver was able to get the city of Phoenix to go in on a deal to give Talking Stick Resort Arena a $230 million facelift.

After the city council delayed the first vote on the multimillion-dollar deal in December, it appeared the Suns were in trouble. At least three councilmembers publicly vowed not to vote for it. With the council down a member, the deal could have died on a 4-4 tie.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.