Heisley Hospitalized After Suffering Stroke
Michael Heisley recently sold his controlling stake in the Grizzlies.
New owner brings youthful buzz to the Grizzlies
MEMPHIS, Tenn. (AP) -- Mike Conley says the Grizzlies' new owner doesn't look much older than he is. The Memphis guard is right.
Robert J. Pera, the Grizzlies' new chairman and majority owner, is only nine years older than his point guard. The 34-year-old California businessman is a fresh face from a much different generation than the Grizzlies' previous owner -...
New owner brings youthful buzz to the Grizzlies
Mike Conley says the Grizzlies' new owner doesn't look much older than he is. The Memphis guard is right.
Robert J. Pera, the Grizzlies' new chairman and majority owner, is only nine years older than his point guard. The 34-year-old California businessman is a fresh face from a much different generation than the Grizzlies' previous owner - 75-year-old billionaire...
New chairman: Grizzlies belong to Memphis
MEMPHIS, Tenn. -- The new chairman of the Grizzlies said he "fully understands" that the people of Memphis really own the NBA team, even though he's the controlling owner. Robert J. Pera is not only saying the right things, he has put it in writing. Pera, who introduced himself to Grizzlies fans Monday morning at FedExForum, agreed to provisions to keep the team...
New chairman says Memphis really owns Grizzlies
The new chairman of the Grizzlies said he ''fully understands'' that the people of Memphis really own the NBA team, even though he's the controlling owner.
Robert J. Pera introduced himself Monday morning along with the new chief executive officer of Memphis Basketball, LLC, the group that bought the Grizzlies from Michael Heisley for $377 million in a sale finalized...
New chairman says Grizzlies in Memphis to stay
MEMPHIS, Tenn. (AP) -- The chairman of the new Grizzlies' ownership group says the NBA team is here to stay in Memphis.
The Grizzlies announced Wednesday that the reportedly 377 million sale by Michael Heisley had been finalized to a group led by Robert J. Pera, a former Apple engineer who founded the communications technology company Ubiquiti Networks.
The group includes local...
NBA board approves Grizzlies sale to Pera's group
MEMPHIS, Tenn. -- The NBA board of governors has approved Michael Heisley's sale of the Memphis Grizzlies to a group headed up by a California technology entrepreneur.
The NBA announced the sale's approval Thursday. The sale still must be finalized, and the Grizzlies said in a statement that is expected soon.
But the Grizzlies say both Heisley and Robert J. Pera will not...
NBA board approves Grizzlies sale to Pera's group
The NBA board of governors has approved Michael Heisley's sale of the Memphis Grizzlies to a group headed up by a California technology entrepreneur.
The NBA announced the sale's approval Thursday. The sale still must be finalized, and the Grizzlies said in a statement that is expected soon.
But the Grizzlies say both Heisley and Robert J. Pera will not comment until the...
NBA approves sale of Grizzlies
The sale of the Memphis Grizzlies to a group headed by 34-year-old billionaire Robert Pera was unanimously approved Thursday by the NBA Board of Governors meeting in New York. "Robert will no doubt bring great energy and passion to the franchise," NBA commissioner David Stern said. "He has assembled an ownership group with very strong local ties, and we anticipate...
Grizzlies' Ownership Transfer To Pera Approved
Robert Pera purchased the Grizzlies from Michael Heisley.
Memphis VP of operations found dead
Dana Davis, vice president of basketball operations for the Memphis Grizzlies, has been found dead in his apartment. He was 56.
The Grizzlies confirmed Davis' death in a statement Wednesday night without elaborating. The Commercial Appeal reported Davis had not been heard from since Tuesday, prompting team personnel to enter his apartment Wednesday with officers from the Memphis...
Grizzlies VP of operations Dana Davis found dead
Dana Davis, vice president of basketball operations for the Memphis Grizzlies, has been found dead in his apartment. He was 56.
The Grizzlies confirmed Davis' death in a statement Wednesday night without elaborating. The Commercial Appeal reported Davis had not been heard from since Tuesday, prompting team personnel to enter his apartment Wednesday with officers from the Memphis...
Heisley Remains Confident Sale Of Grizzlies To Pera Will Be Completed
Michael Heisley remains confident that the his $350 million sale of the Grizzlies to Robert Pera will go through.
Justin Timberlake might be a Memphis Grizzlies co-owner
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...
Report: Future Grizzlies owner focused on staying in Memphis
Soon-to-be Grizzlies owner Robert Pera will reportedly sell up to 35 percent of the team to a group of local partners, which should help anchor the team in Memphis for years to come. According to the Memphis Commerical-Appeal, Pera agreed to give the local ownership partners refusal rights and the option to buy the team at the current price if Pera decides to move it. He also agreed...
2012 NBA Trade Rumors: Lakers Committed Towards Dealing Pau Gasol, Could He Go Back to Memphis?
The Los Angeles Lakers are back towards trying to deal away Pau Gasol once again. Fans have complained enough as Gasol was criticized for his poor performance in the playoffs this year. With that, it looks it’s time to trade the 32-year-old.
According to Mitch Lawrence of the New York Daily News, the Lakers are now reportedly “committed” towards dealing Gasol:
The Lakers...
Grizzlies Owner Michael Heisley In Discussions With Potential Buyer For Team
The Memphis Grizzlies could begin next season under new ownership, as the “Memphis Commercial Appeal” reported Monday afternoon that Team Owner Michael Heisley is currently negotiating to sell the team to the founder and owner of a communications network. According to the report, Heisley is trying to complete a deal with 34-year-old Robert Pera, owner of communications technology...
Agreement reached to sell the Memphis Grizzlies
(Photo by Kevin C. Cox/Getty Images)
The Memphis Grizzlies have announced that the team will be sold. Michael Heisley has sold the Grizzlies to Robert Pera and the sale will become final once approved.
Via Grizzlies:
Michael E. Heisley, the majority owner of the Memphis Grizzlies, announced today an agreement for the sale of the franchise to an entity owned by Robert J. Pera. Robert...
Grizzlies owner agrees to sell team
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...
Grizzlies owner has plan to sell team
Memphis Grizzlies majority owner Michael Heisley says he has an agreement to sell his NBA team to a group headed by California billionaire Robert J. Pera.
Heisley announced the agreement Monday afternoon after reports that he finally had found a buyer for the team he moved from Vancouver to Memphis in 2001.
The sale is subject to approval by the NBA Board of Governors and other...
The Memphis Grizzlies Have Been Sold To One Of The World’s Youngest Billionaires
Doesn’t it seem like Michael Heisley’s Memphis Grizzlies have been collecting dust on the back shelf for the entirety of their existence? Well guess what, folks—the franchise has finally been sold, and to one of the world’s youngest billionaires. At age 34, Robert Pera will be just four years older than Zach Randolph, the best player on his brand new basketball team...
Grizzlies owner has plan to sell team
Memphis Grizzlies majority owner Michael Heisley says he has an
agreement to sell his NBA team to a group headed by California
billionaire Robert J. Pera.
Heisley enters agreement to sell Grizzlies
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...
Report: Heisley may have found buyer for Grizzlies
Memphis Grizzlies owner Michael Heisley finally may have found a buyer for his NBA team.
The majority owner of the Grizzlies told The Commercial Appeal Monday that he has talked with billionaire Robert Pera but there is no contract ''at this point.'' ESPN.com reported that sources say Heisley has an agreement to sell the Grizzlies to Pera for approximately $350 million...
Heisley may have buyer for Grizzlies
MEMPHIS, Tenn. (AP) -- Memphis Grizzlies owner Michael Heisley finally may have found a buyer for his NBA team.
The majority owner of the Grizzlies told The Commercial Appeal on Monday that he has talked with billionaire Robert Pera but there is no contract "at this point." ESPN.com reported that sources say Heisley has an agreement to sell the Grizzlies to Pera for approximately...
THE GRIZZLIES HOT 25
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