Grizzlies Notes: Pera, Transactions, NBA Draft

The working assumption around the NBA is that Robert Pera will retain ownership of the Grizzlies franchise, Chris Herrington of The Memphis Commercial Appeal tweets. The scribe cites comments made by Marc Stein of The New York Times in a recent podcast.

As we covered last month, Pera is expected to have the opportunity to buy out minority stakeholders Steve Kaplan and Daniel Straus after they triggered a clause in the purchase agreement that forced him to either buy them out or sell at a valuation of their choosing.

Herrington also relays that if Pera remains in control of the franchise, J.B. Bickerstaff is a decent bet to retain the head coaching job.

There’s more out of Memphis tonight:

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4 thoughts on “Grizzlies Notes: Pera, Transactions, NBA Draft

  1. xabial

    I wanted the eccentric Robert Pera to retain ownership of the grizzlies (even if they sucked/and or tanked 2017)

    This guy competed in the NBA celebrity all star game weekend 1-2 years back. Which NBA owner will do that?
    He will ALWAYS be a hero in my book!

    But that grizzlies ownership deal clause isn’t for the faint of heart.. I advise all interested in Sports/ Sports Business to read up on it! Never seen anything like it.

    • x%sure

      Apparently the other two guys made offers that Pera could match. Oops!
      Too bad they forgot the clause where everything– or at least the bids– must be made public.

      • x%sure

        Clarification, there is no such clause… i just wish they had made one so people know what’s going down.

  2. padam

    Ayton and Doncic won’t fit? Then you make adjustments so that they can fit.

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