Larry Fitzgerald of the Arizona Cardinals has purchased a minority stake in the Phoenix Suns.
Fitzgerald has built a strong relationship with Suns managing partner Robert Sarver. Fitzgerald, 36, had already taken on a significant ambassador's role with the Suns.
Fitzgerald has already sat in on interviews with potential front-office candidates and also canvassed for a Suns public arena vote.
"I have a special place in my heart for the Phoenix Suns and Mercury, and I have a great deal of respect for Robert," Fitzgerald said in a statement. "He has become a dear friend and trusted confidante. He is a big part of why I am making this commitment."
Fitzgerald became a season ticket holder with the Suns since 2005.