In 1992, the Suns committed to a 40-year lease at Talking Stick Resort Arena in Phoenix, but the agreement included a provision for the team to opt out at 30 years if the building — one of the oldest in the NBA — is considered obsolete.
That could allow the Suns to leave downtown Phoenix in 2022 if there's no new agreement.
With a City Council vote on a $230 million renovation plan delayed, it has been revealed that Suns owner Robert Sarver has told some council members he might move the team to Seattle or Las Vegas.
If the Suns leave, Phoenix would have to take over operations and maintenance of the building, and would still have to invest in significant infrastructure repairs if it wants to attract concerts and other events, according to the city.
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