Found June 10, 2012 on RealGM:
PLAYERS: Rudy Gay
TEAMS: Memphis Grizzlies
Rudy Gay is entering the third-year of a five-year deal.
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Report: Heisley may have found buyer for Grizzlies

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Owner Michael Heisley entered a purchase agreement to sell the Memphis Grizzlies to communications technology billionaire Robert Pera. Sports Business Journal first reported the pending move, with a purchase price between $340 million and $355 million. Pera is a hoops fanatic and plans to keep the team in Memphis. The Grizzlies would face significant penalties for breaking their...

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Memphis Grizzlies owner Michael Heisley said he reached an agreement Monday to sell the team he has owned for the past 12 years. Heisley said a contract was signed with billionaire Robert J. Pera. He said it was not discussed whether Pera ever might move the team, but that Grizzlies have an ironclad contract to remain in Memphis until at least 2021. I have stepped aside from my...

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Grizzlies Have No Plans To Trade Rudy Gay

Michael Heisley said the Grizzlies have no intention of trading Rudy Gay.
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