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Grizzlies' owner Heisley agrees to sell team to tech billionaire Robert Pera
blog by vchonmay 12th Jun 2012
The Memphis Grizzlies:announced Monday that owner Michael Heisley has reached an agreement to sell the team to tech near-billionaire Robert J. Pera. custom nike dunks high tails, From the official announcement:
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 J. Pera is the founder and CEO of Ubiquiti Networks,mickey mouse nike dunk high,a publicly-traded next-generation communications technology company.
The sale transaction is subject to approval by the NBA Board of Governors, antitrust clearance and other conditions.
The Grizzlies were purchased by Mr. Heisley in 2000 when the team was located in Vancouver, Canada. In 2001, the Grizzlies were relocated to Memphis, Tennessee, and in 2004 moved into FedExForum, a state-of-the art NBA arena built by the City of Memphis and Shelby County. Since moving to Memphis, google nike dunk high, the team has participated in the NBA playoffs for five seasons, including the two most successful campaigns in franchise history, in 2010-11 and 2011-12.
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