SBD/July 17, 2012/Franchises

Potential Grizzlies Buyer Pera Sends Advisors To Memphis To Learn About Team, Area

A group advising Robert Pera through the process of his bid to buy the Grizzlies will be in Memphis “this week to meet with team and business leaders,” according to Ronald Tillery of the Memphis COMMERCIAL APPEAL. Sources said that “at least three people in Pera's inner circle plan to spend the next several days meeting with Griz executives, the team's recently formed advisory board and prominent Memphians in the business community.” Pera will “not travel to Memphis this week.” A source said that the “goal of the trip is to help Pera better understand the organization and the community.” Members of Pera's team “also reached out to the Grizzlies' local limited partners," but it is “not known yet whether Pera will seek to establish a local ownership group” (Memphis COMMERCIAL APPEAL, 7/17).
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Franchises, Memphis Grizzlies, NBA

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