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Buyers & Sellers: Robert Sarver Sells Paradise Valley Home For $19.25M

Suns Owner ROBERT SARVER has sold his home in Paradise Valley, Ariz., for a record $19.25M. The sale "busts the previous record price paid" in the state for a home of $18.8M. The 28,043-square-foot mansion has a "state-of-the-art indoor basketball arena and views of Camelback Mountain" (ARIZONA REPUBLIC, 11/26)....Golfer GEOFF OGILVY sold his home in Scottsdale's Dana Estates community for $4.1M. The two-story house comes with a "guest suite, a chef's kitchen with retractable doors and custom contemporary finishing." The 7,700-square-foot property has six bedrooms and eight bathrooms (ARIZONA REPUBLIC, 12/2)....Pro Football HOFer KURT WARNER has put his home in Paradise Valley on the market for $3.25M. The 11,300-square-foot mansion has seven bedrooms and 6.5 bathrooms. The interior features an "elevator, two master suites with private patios overlooking the pool, indoor fireplace, a theater, piano room and game rooms." The backyard includes a "62-foot lap pool with a signature water feature, outdoor lounging space, hot tub and an outdoor fireplace" (BIZJOURNALS.com, 12/1).

SUNSHINE STATE: Heat F JUSTISE WINSLOW purchased a mansion in Coral Gables for $3.3M. The 7,354-square-foot home has "six bedrooms, 5.5 bathrooms, marble floors, a fireplace and a salt water pool" (BIZJOURNALS.com, 12/3)....Bills RB FRANK GORE has put his mansion in Davie on the market for $1.8M. The 8,942-square-foot home, located in the "exclusive gated community" of Stonebrook Estates, has five bedrooms and 6.5 bathrooms, and "features a large game room with bar, movie theater, half basketball court, pool with spa and summer kitchen." The property "sits on a half-acre lot with 226 linear feet of lake frontage" (South Florida SUN SENTINEL, 11/29)....Former NFLer KIM BOKAMPER has a closing pending on his home in Plantation for over $1.1M. The 3,720-square-foot house has four bedrooms and three bathrooms and "sits in the gated Lago Mar Country Club community." Bokamper purchased the home in '88 for $418,500 (MIAMI HERALD, 12/3).

BUYERS & SELLERS: Wild D JARED SPURGEON bought a home in Edina, Minn., for $4.3M. The eight-bedroom, five-bathroom house "features a home theater, indoor basketball court and wine bar" (BIZJOURNALS.com, 12/3)....Former NBAer STEVE BLAKE sold a "wooded retreat" in the West Linn suburb of Portland, Ore., for $1.4M. Blake bought the property in '07 for $1.615M, and the 7,000-square-foot, three-story house comes with five bedrooms and six bathrooms (L.A. TIMES, 11/25)....Former NFLer MARTELLUS BENNETT sold his four-bedroom home in Long Grove, Ill., for $865,000. Bennett bought the 5,900-square-foot home, which sits on a little more than three acres of property, for $1.2M in '13 (CHICAGOBUSINESS.com, 11/25)....Kansas football coach LES MILES sold a condo near LSU's campus for "just under $300,000" (Baton Rouge ADVOCATE, 12/3).

SBJ Spotlight: TikTok’s threat to traditional sports media

While tech companies are consumed with finding ways to compete with TikTok, almost no one in conventional media “spends any time talking about it,” said Recode senior correspondent Peter Kafka in an Spotlight interview with SBJ’s John Ourand. “To me, that’s just an obvious disconnect.” Kafka authored a recent column headlined, “It’s TikTok’s world. Can TV live in it?” He said the main response to TikTok’s growth from traditional media execs has been to “punt and hope it’s someone else’s problem a quarter from now or two years from now.” But Kafka said that ignores the trend of conventional broadcast audiences growing older while a billion younger consumers spend most of their media time watching short video after short video. “If you’re in the business of getting anyone under the age of 30 to look at what you’re putting on a screen, you have to think about the fact that you’re probably asking them to put down TikTok and watch your thing instead,” said Kafka. “That’s a very difficult ask. … [TikTok] is insanely addictive.”

SBJ Morning Buzzcast: June 29, 2022

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