Phoenix Suns vice chairman Jahm Najafi pledges $10 million to NBA Foundation

Duane Rankin
Arizona Republic

Phoenix Suns vice chairman and minority team owner Jahm Najafi has pledged a $10 million commitment to the NBA Foundation, the league announced Wednesday morning.

“This past year I have been inspired by the NBA family’s efforts to advance social justice, especially through the Board of Governor's long-term commitment in creating the NBA Foundation,” Najafi said in the news release.  “I’ve seen firsthand how economic opportunity can change lives, and I look forward to supporting the Foundation over the next 10 years as they impact the lives of Black youth.”

Najafi’s contribution of $1 million per year over the next 10 years is part of the Foundation's goal to "drive economic empowerment for Black communities through employment and career advancement."

The individual donation is in addition to the $10 million the Suns have already pledged to the Foundation as part of the $300 million commitment made by all 30 NBA teams in the initial funding.   

Phoenix Suns vice chairman and minority team owner Jahm Najafi.

“The NBA Foundation is grateful for Mr. Najafi’s generous commitment,” The NBA Foundation Executive Director Greg Taylor said in the news release.

“As a proven leader in sports and business and advocate for social justice, we look forward to working together toward our shared goal of creating greater opportunity and outcomes for Black young people.” 

The NBA Foundation looks to "increase access and support for high school, college-aged and career-ready individuals, and assist national and local organizations that provide skills training, mentorship, coaching and pipeline development in NBA markets and communities across the United States and Canada."

The Foundation continues to develop additional programming and funding sources with a goal of deepening the NBA’s "commitment to racial equality and social justice."

Back in February, Najafi partnered with former NFL quarterback Colin Kaepernick in looking to raise up to $287 million through a special-purpose acquisition company with a social purpose in mind.

Colin Kaepernick receives the SI Muhammad Ali Legacy Award during SPORTS ILLUSTRATED 2017 Sportsperson of the Year Show on December 5, 2017 at Barclays Center in New York City.

Since 2002, Najafi has been the CEO of Najafi Companies, an international private investment firm that services "sports, consumer, media, technology and real estate industries."  

Suns increasing fan limit to '5,500-plus'

The Suns will offer a "6-game Rally Pack" for season-ticket holders starting Monday.

Season-ticket holders will have "exclusive access" to the package deal ensuring seats for six games beginning April 7 when the Suns face Utah (35-11), which has the NBA's top record.

  • April 7: Utah Jazz.
  • April 10: Washington Wizards
  • April 12: Houston Rockets
  • April 13: Miami Heat
  • April 15: Sacramento Kings
  • April 17: San Antonio Spurs

All games start at 7 p.m. The Suns will also raise their fan limit from 3,000 to "5,500-plus" starting April 7, team officials said Wednesday. 

Utah Jazz guard Donovan Mitchell (45) goes to the basket as Phoenix Suns center Deandre Ayton (22) defends during the second half of an NBA basketball game Thursday, Dec. 31, 2020, in Salt Lake City. (AP Photo/Rick Bowmer).

Season-ticket holders receive first access to single-game tickets or the "Rally Pack" beginning Monday morning.

The "pending available seats, a non-member presale" will begin at 3 p.m. Remaining seats go on sale at 6 p.m.

The current health and safety procedures and protocols of the arena will stay intact with the major one being a requirement to wear masks unless actively eating or drinking in purchased seats or designated area.

Have opinion about current state of the Suns? Reach Suns Insider Duane Rankin at or contact him at 480-787-1240. Follow him on Twitter at @DuaneRankin.

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