Grizzlies Owner Robert Pera to Retain Controlling Interest In Team

Grizzlies Valued Between $1.3-$1.4 Billion...with a "B"

April 10, 2018 - 1:31 pm

The Memphis Grizzlies announced that controlling owner Robert Pera has sent formal notice to the NBA that he will retain his controlling interest in the team in connection with the “buy-sell” process. He added that he is committed to keeping the team in Memphis. Full statement here: 

ESPN's Zach Lowe chronicled the value of the Grizzlies in the new Robert Pera agreement here.

http://www.espn.com/nba/story/_/id/23101658/memphis-grizzlies-valued-13-billion-14-billion-robert-pera-deal?ex_cid=espnapi_public

 

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