Wrong, wrong, wrong. Bob Sarver is a bigtime moon-bat. You are probably thinking of Jerry Colangelo, who sold the team back in 2004.
Robert Sarver is giving money to McCain and taking tax money from Obama. On opensecrets.com he mostly gives to Republicans.
The greatest example of government bailout excess may just be Phoenix Suns owner Robert Sarver, whose banks have taken $140 million in Troubled Asset Relief Program funds.
http://blogs.phoenixnewtimes.com/valleyfever/2009/02/phoenix_suns_owner_robert_sarv.php
Republican Campaign Cmte of New Mexico
Republican Party of Wisconsin
Republican Party of Minnesota
Republican National Cmte
http://www.opensecrets.org/indivs/index.php