Found September 07, 2012 on
Philly Sports Live:
First, he brought sexy back and told us that a billion dollars would be pretty cool, then he bought into Myspace and now but it looks like he is investing into an NBA Team! (Influenced by Jay-Z?)
Timberlake has been rumored to be part of Robert Pera’s ownership group that is looking to buy the Memphis Grizzlies from current owner Michael Heisley.
These rumors first came into the forefront from a story by ESPN’s Marc Stein:
Sources with knowledge of the arrangement said Thursday that Timberlake, one of the NBA’s most prominent celebrity fans and a Memphis native, has committed to joining Pera’s team of minority partners as the sale of the franchise from Michael Heisley to the 34-year-old technology magnate nears completion.
Sources told ESPN.com that Timberlake and Pera have quickly struck up a friendship, with one source adding that the singer/actor is making “a meaningful investment into the team” and “plans to be active” with the Grizzlies. The league office, sources said, has be...
BEST OF MAXIM
BRINGING MEMPHIS BACK
NBA fan and Memphis native Justin Timberlake could be the second recording artist to co-own an NBA team if he joins a group of minority partners looking to buy the franchise.
Two pieces of bombshell news dropped Thursday night. First, there was an ESPN report that pop star and famous Memphian Justin Timberlake planned to buy into the Memphis Grizzlies' new ownership group. Second, there was the revelation that people from Memphis are known as "Memphians," which sounds like a combination between "Memphis" and "amphibian,"...
Robert Pera, who is the prospective new owner of the Memphis Grizzlies, has recruited Justin Timberlake to be a part of his ownership group. Timberlake is a Memphis native, but has become a fixture at Los Angeles Lakers games over the past few years.
Adding Timberlake would certainly bring some celebrity oomph to the Grizzlies, who desperately need to find some kind of identity...
MEMPHIS, Tenn. (AP) -- A person familiar with the situation says award winning singer and actor Justin Timberlake has agreed to be part of the ownership group assembled by billionaire Robert Pera in his attempt to buy the Memphis Grizzlies.
The person says Pera "has assembled a strong ownership group that includes Justin Timberlake, other community leaders from Memphis, and...
Singer-actor Justin Timberlake has been recruiting by perspective new Memphis Grizzlies owner Robert Pera to be part of his ownership group, ESPN.com reported Thursday. According to the report, which is based on sources, Timberlake, a big NBA fan and Memphis native, has committed to joining Pera's team of minority partners, who are working toward the completion of the purchase...
Step aside, Jay-Z. A new music industry juggernaut is joining the NBA community. Prospective new owner of the Grizzlies Robert Pera is reportedly nearing completion on an agreement with the team’s current ownership group, and he is in the process of recruiting minority owners. According to ESPN.com, Justin Timberlake has agreed to join the ownership team.
One source told ESPN that...
Justin Timberlake has been recruited by prospective Memphis Grizzlies' owner Robert Pera as a minority owner.
While we await Justin Timberlake’s return to music – not that I don’t love him as an actor too but I miss his music – the actor/singer is said to be taking his love of basketball to the next level. Timberlake has agreed to join a team of partners in purchasing a minority stake in [...]
Sources say that the latest Grizzlies prospective owner, Robert Pera, has recently had talks with Memphis-native Justin Timberlake regarding minority ownership of the Grizzlies franchise. He’s already “committed to joining Pera’s team”, according to ESPN.
What does this really mean for Grizzlies fans though? Time will tell if Jay-Z’s partial Nets ownership will actually...